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HRW crop blowing out..
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w1891
Posted 12/16/2022 16:06 (#9986959 - in reply to #9986871)
Subject: RE: HRW crop blowing out..


S Illinois
The price issue is total world wheat production is somewhere around 28 billion bu. US total wheat production is 1.65 billion and HRW is normally now around 750 million bu. US HRW to world wheat production would be similar to what ND is to US corn production. Just not the production volume to be a needle mover in and of itself. US crop conditions definitely aren't hurting prices, just lots of other places play a bigger role.
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