For the past couple of weeks they were pounding the Heck out of HRW on a spread.. that is coming off.. and I look for a totally different S/D on the next WASDE.. HRW came all the way down to feed wheat values (well.. and some of it is..) but on the WASDE they got feed wheat LOWER than last year.. with all the cotton in the panhandle.. Corn is gonna firm.. coupled with the small dryland corn crop vs last year.. and we're gonna find support..

I lifted the rest of my wheat shorts this morning.. looking for July 18 to move back over..  ?? $5.50..  We're not gonna add acres and yields may not be as good next year as 2017 was for us.. 

Flip side.. looks like Hurricane Irma is headed for the gulf... ugh.. better watch fuel prices..

which if RBOB takes off.. Ethanol and Corn.. then wheat..  but it's not something which I would "hope" for.. ugh...

anywho.. there's room to chop.. 100.. 150 myn off ending carryout on wheaties.. on the next WASDE.. we were decent but NOT that good on yields..