onida, south dakota | Markwright - 9/29/2012 13:04 term price historical relationship re corn. That is 2X to 3.5X corn price. Corn is stagnated out in the current 8 to $10 range. Wheat moving to $20 to $35 per bu dependant on the au crop. Since corn crop ins may change negatively w a new farm bill: hmmmmm. perhaps throw some winter wheat on dry corn acres up N, just in case that makes a decent crop w short h2o in 0 13.
where do you get the long term price relationship from?........i always thought it was 1.5 or so on the top side
here is a monthly KC Wheat - Corn spread chart..............
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Wheat is moving up to the long
