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Markwright
Posted 7/25/2010 16:49 (#1287836 - in reply to #1287791)
Subject: RE:the Double D affect


New Mexico
Drouth and Drowned out ( just pick an area....most anywhere on the globe ).

One thing that has gotten grain somewhat current is the fact Feed use and feed storage of wheat really cleaned up alot of product ( IMO 400 million bu ) in the Southern, SW area usa.

Granted that's a bad deal for corn/corn use, but even so, for markets to ever go Up they have to be CURRENT...not backlogged with stored product.

btw, in case You missed it...It's NOT May/June anymore either.



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