South Central North Dakota | In the spirit of sheepherder, how long for spring wheat to get to zero? I thought after the $1.12/bu drop during the insurance price determination period the down might stop, as of tonight no such luck. Looks to me that the bleeding isn't done yet. It seems theres probably another buck down to get to where the trade feels the "balance" should be based on historical price spreads between the wheat classes. More beans next year. |