What's going to happen if this big wheat crop comes in out west?
( http://www.cargillag.com/local-bids.html?location=5868 )
Harvest is still a couple weeks off.. (so a lot can still change) but there are already wheat bids at $3.50 out west..(or less.. lowest was $3.32. We're at like $3.84'ish) Cheaper than Corn.. certainly on a cwt basis.. plus the protein.
Are we going to feed a couple hundred million bushels of wheat this year? Sure looks like it at this point...
What will that do to Corn prices?
Edited by JonSCKs 5/21/2016 07:52
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