JonSCKs - 1/4/2019 13:55
Furthermore, we expect that 2019 acreage will be LOWER.. the Lowest in over a CENTURY.. than last year's low acreage due to inclement planting conditions.. and futures are about a DOLLAR lower than earlier highs when the outlook was for higher stocks.
The planting conditions in SE England were excellent and our wheat and most of what I have seen on other farms looks as good as I have ever seen it at this time of year. I'd expect most of Europe would be much the same.
European Milling Wheat $1.36 higher than US KC HRW.
