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| "The question I have is in regard to HRW wheat seedings. It is obvious those other acres which were not seeded are held in reserve for corn and soybean acres. Even with historic wheat prices, we didn’t get the acreage increase. This is very puzzling."
Look at Old crop prices vs New Crop priced during planting time. At least around here, New crop was running $4 or so behind old crop. It's kind of hard to get excited, even when prices are high, when there's that much of a spread. Then add in the fact that a lot of guys probably contracted wheat way too early. | |
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A question & a thought
