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Spring Wheat vs Soybeans.. what gives?
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JonSCKs
Posted 6/21/2017 07:36 (#6082012 - in reply to #6081984)
Subject: well they said that about WHEAT also..


"Wheat can't rally.. too many stocks from last year.."

It hasn't stopped Wheat yet..

WAY MORE STOCKS of WHEAT vs BEANS!! 

Billion bushel carryout of Wheat vs.. another year of OVERSTATED Bean Carryout at.. 400?  300?

While expectations of another 4 byn bushel crop coming...

what gives?

13+ myn acres of Soybeans going into the Dakota's this year.. up a million from last year.. switched from Wheaties..

Wheat market has rallied over a dollar on more than double the carryout..



Edited by JonSCKs 6/21/2017 08:01
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