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Buxton ND | "Any DP wheat in elevators should move to make room for those corn piles"
My guess much of that DP wheat is already gone, not the first time those spreads have been inverted. Store wheat in an inverted market form nothing and waste that room for corn I don't think so.
We had a big crop around here yet next to nothing went to town right off the combines. Yes the carry-over wheat is a problem (I keep getting reminded of that) tho farmers tend to sell the better quality for a better price and sit on the poor stuff. Plus there was a pretty fair bids where I gave you the Red-eye and a fair chunk of wheat moved early to make room for corn.
Nay I'm not super duper bullish but I am watching it like a hawk, IDK that's maybe why I woke up wide awake @ 3:30
Jon I still wonder how much wheat HAD been bought and is being fed ?
Once it got locked away on the carry yes maybe I'm wrong here tho time will tell. | |
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