I will add one more thing for people casually lurking but not growing wheat so they don't care.  What we are talking about is failure to reach the ML on KC wheat.  Neither corn nor beans reached their ML to date, and while I think it needs more time and another attempt, the same concepts on wheat, are applicable to corn and beans later this year.   We all want/need prices to rally to the ML at some point in the next months, otherwise, today's prices are going to seem really high, and current energy could get you below the "never going to happen" 2.80 level in corn, and into the $7 beans....