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Wheat Seasonals
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Maizeing
Posted 8/28/2013 11:35 (#3294127 - in reply to #3294094)
Subject: Re: Wheat Seasonals


Ontario's middle east
Wheat has been one sick puppy is all I can really say, but we are approaching long term support and seasonals should help it bounce. Feed wheat here is trading about $35 /t off of milling values. We are loading boats with feed wheat right now. It's not hard to move given the lack of US corn. Once there is New crop corn available I see feed wheat with don, trading at a discount to corn. That's kinda hard to hedge and is why our feed wheat will be all gone next week.



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