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running out of wheat??
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Badger
Posted 1/24/2008 23:05 (#292389 - in reply to #292314)
Subject: Re: running out of wheat??


Huntley Montana
I think your looking at the wrong wheat. HRW starts comming off in Tx in May, & Ok, Ks in june. Enought to last till then. Now HRS doesn't start comming off till August, & I dought if there is enough to make it that far. I see some WiLd PrIcEs comming there. I read somewhere the USDA figgured 275 million Bu of HRS availble this market yr, & 272.6 Million Bu had been sold last week. The day this figgure was released Japan bought 1.6 million Bu of HRS. I'd like to know how much is left. I'm guessing the USDA had a little carrryover in the wings.
I got a little "paper wheat" that I get the daily price on when I decide to sell. Always told the banker I'd sell it when it hit $7, but I lied.
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