Posted 12/11/2012 13:13 (#2745794 - in reply to #2745751) Subject: Most places buy wheat are now buying for the
Red River Valley
wheat for the late March through May time frame If US dose not get this next round of business it will sit on old wheat into new wheat harvest
AS for beans talk to you seed dealer and ask him how much a bag of seed beans 140,000 count will weight this year normal whould give you a hint -- If not look at F.I.R.S.T. results and do calculating
lastly Corn -- I talked on end about the Brazilian Problem all last summer -- for anybody interested look at exports once we went over about $6.50 futures and tell what you see.
Beans have demand -- wheat and corn do not
Corn has the hope of a smaller crop for 2012
Wheat has nothing that is the reason it is getting killed today and will untill this market see demand from the looks of the export bids we need hard wheats to be about $1.00 lower and soft wheats to be about .60 - .80 lower for exports to open back up for US.
Under the surface of the report, ja
