Posted 10/17/2016 18:19 (#5586664 - in reply to #5586636) Subject: RE: Sat, or anyone else, a wheat question?
South central Minnesota
Marty can you wrap your mind around what 610 mmt is? The world produced 735 mmt in 15/16.
That is of all wheat. 610 mmt equals 22.4 billion bushels, that's BILLION with a B. You are saying that Saudi Arabia is buying 80+% of all wheat produced in the last year worldwide.
Here's from Wasde, all numbers are in mmt
Simply put argue all you want, you're clueless