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This is getting serious with NoDak harvest
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khall_12_34
Posted 9/1/2014 16:55 (#4050516 - in reply to #4050114)
Subject: RE: This is getting serious with NoDak harvest


Formerly NE North Dakota, now NW MN
I feel like the good export numbers we're getting right now in hrsw are a testament to quality issues all over the world.

I know its basically every other year I think I see the stars aligning again for hrsw, but man I think there are a ton of questions out there, even about crop size. Everything we've cut so far has been probably 10 Bu. Below what I would have reasonably expected.

remember, 2007 the market basically "got it wrong" for a long time before finally getting "it right" in pretty fantastic fashion. I can't help but feel like by springtime bushels that meet the specs laid out in the MW contract will be hard to come by, and will be in demand.

Thunderdome, meet one nasty long horned bull? Markwright style rally this spring? Not going to say it WILL happen, but with el Nino still lurking out there somewhere... Makes me wonder.
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