$4.50 corn bids are gonna push some feed wheat into the bunk at these levels... We're starting to see pretty firm corn bids here at the end of harvest. Wheat is going to have to stay high enough to stay out of the feed bunk...
Ditto Sorghum.. if corn basis is any indication.. that basis should firm next...
"golly even I was impressed.."
$4.50 corn basically equals about $5.00 wheat out in the country + costs to get it to port.. Wheat needs to rally about $.50 to hold it out..
Edited by JonSCKs 9/29/2015 07:26
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