Posted 9/1/2017 11:20 (#6222757 - in reply to #6222389) Subject: RE: Mpls wheat
NCND
I took my sept 18 contracts rolled them back to march 18 for .43 cents. At the rate market is trading now wheat acres will not increase. Couple that with fact ALL of hrsw country is in a big drought some risk premium will be needed to add any acres in 2018. IMHO.
See if we keep dec above 640 on close today.
Mpls wheat
