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Iran could need 7.5 mmt's of Wheat THIS YEAR!!
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JonSCKs
Posted 11/25/2013 09:21 (#3468277 - in reply to #3468212)
Subject: Okay let's parse this thing out..


7.5 mmt's POTENTIAL.. from Iran.. per their guy.


as well as the word's GAME CHANGER..


USDA has US Exports at 1,100 myn bushel and still waiting on this weeks report.. so going to LAST WEEKS...


https://www.fas.usda.gov/export-sales/wheat.htm


hmmm.. Iran.. Iran.. Iran... I ran where?


oh.. here it is.. Sales this week.. 0.0..  Sales Accumulated for this YEAR.. 0.0  Sales LAST YEAR... 59.8 x 1,000 tons..


Okay.. so.. IF we've SOLD THEM ZERO.. so Far.. and they are the 7th LARGEST Customer.. in the World... and they SAY that they COULD need 7.5 mmt's...


Does that qualify for the word GAME CHANGER... hmmm...?? 

Well Brazil has earned GAME CHANGER status in the wheat market so far this year at around 2.9 mmt's of imports from the US.. so I'm gonna go out on a limb here and say YES..  IF WE SEE IRAN Purchase US Wheat.. prices are PROBABLY going to move smartly to significantly higher...


Game Changer indeed.


Okay Tara spin it...            



Edited by JonSCKs 11/25/2013 09:33
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