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NCND | Well I read this morning that wheat exports after being lowered -50 million are now the lowest since 1971-72. That's 43 years for you pencil and spreadsheet wielding folk.
Not sure if we punched a lower low or bounced off the one from September in front month but it's gotta be real close. Price is acting good so far IMHO. Must be that darn cold snap that has gotten everyone hot and bothered;)
edit to add the global wheat production is pegged at 733mmt. That is the 3rd consecutive record in a row. Yes 3 consecutive records. Now do we know why the southern plains drought hasn't mattered last however many years its been? It sucks but when we sit and listen to backyard prognosticators all day long you forget there are many many other places in the world that are doing fine to great.
Edited by vailcat 11/11/2015 08:15
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Cold Snap coming.. HRW Wheat not looking good.
