| KC Wheat.. Was probably the Long for the Short Corn spreads.. given the run on TP, Milk, Eggs, Bread and Beef at the stores.
Now with possible "talk" of a Truce to the Crude Oil War.. (can they get the horse back to the barn.. ?) Are they reversing these trades.
Given reports of Sale Barns in Wheat Pasture Country running at less then half of Normal rates.. and a "Forecast" for Low Temperatures this Saturday.. "always something" as it's the Usual risks for us coming out of Winter into Spring.
Given the low planted wheat acres.. the added grazing.. and some locations still pretty dry.. plus the Virus.. Why is Wheat going down? |