Cambridge, southwestern Nebraska | At first glance you would think wheat could go up 25% but then reality comes back and as dismal as the US crop is if my numbers are correct we still raised enough wheat in the US to meet US needs.
The rest of the world was sitting on 2 years worth of inventory so even if they drop some, which they might, there is still adequate supplies of wheat in the world so not much use to push the market very far.
Just my $.02. |
Wheat
