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Buxton ND | This is on big reason why its easy for me to be a bear,think back to NAT's national corn yield for 2012
"after listing to all of the stories last year about the ongoing crop disasters one might be a little gun shy of this years on going disaster stories"
Now to wheat,hate to say it but the market may have all ready price in the damage down south in the WW early high on crop damage,not alot different then corn in 2012
ON spring wheat MWEU rallied from 6.12 to 8.19 A $2 rally needs to be rewarded in pretty much any dam market. I did make a sell at 8.10 lifted it last nite,,,which right now looks UN-wise.....
We still have plenty of wheat world wide.
We still have plenty of spring wheat up here.
Canada STILL have plenty of spring wheat.
I'd say the hard wheat millers will adjust accordingly.
I've felt all winter there's Canadian wheat moving south,talked with the local Highway Patrol and he said it had been a pretty quiet winter,EXCEPT for keeping tabs on the Canadian trucks coming south..... | |
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Wheat sell off..
