SW Kansas | zenfarm - 11/29/2025 08:07
I think we already have seen our dead cat bounce, we are currently the highest price in terms of both SRW and HRW wheat in the world , so unless the rest of our competition comes up in price, our price will have to come down, if we expect to meet. USDA export sales expectations.
The latest WASDE report for wheat showed both ending stocks for SRW and HRW both increasing as well as stocks to use ratios.
In regards to front month Chicago wheat which happens first $4.50 or $9.50? I will go against the popular opinion and take the latter. |