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running out of wheat??
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loblolly
Posted 1/24/2008 19:21 (#292085)
Subject: running out of wheat??


North Idaho
I don't know the specifics but it seems from what I heard ,that Durum traded last fall in the teens (maybe still is?? )....... to ration supplies

White wheat has gone from $6 harvest to currently $15.50 per bu. they say we will run out.....need to ration supplies

Now I am hearing the DNS is running out and the market is $13.80 Portland ORE......need to ration supplies.

My question is......what is the next wheat to be rationed. Is soft red a sleeper here? Or Hard red winter????????

If so are those markets headed into the teens next????? or will they meet demand.


I guess the bottom line for the number crunchers here is this. If in fact we run out of certain wheats then will demand shift to the remaining wheats causing an unexpected surge in demand and ......price...????

Just something to ponder.........
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