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onida, south dakota | 08 wheat rally was lead by super strong exports during the fall of 2007..........i remember trading wheat out of our area in 2007.......with train after train going to the gulf.................when the mills woke up all the wheat was already gone
bottom line the 08 wheat market had demand...............this market so far has none...........
if we want to have an 08 wheat market..........we probably need to lose a couple more dollars first............we need DEMAND..........potential is there ...........but until we get demand it is just potential
i would say that to me it feels like the market is understating the condition of the crop..........but demand is what will make an 08 market | |
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Wheat and 2008
