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onida, south dakota | i think wheat has much more potential.........but needs to find some demand
also if you look at the wheat corn spread...........they are both fairly priced ...........but the potential for wheat is great.............if good things happen............potentially trading instead of a dollar or so premium...........back to a 2-3.00 or more premium.......perhaps as much as 1.5-2.0 times corn............while the risk the other way is probably around par.............
bottom line is i prefer to own wheat over corn longer term..........but short term until wheat demand shows up they are probably both priced fairly............wheat short term might even be a hair expensive.............not working into feed nor getting exported
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Corn vs wheat markets
