|
| The rally is in Minn Wheat. Chi and KC are still in their trading ranges that have been established for a year.
The physical properties of Minn make it more valuable and not interchangeable. While KC and Chi have bounced off their lows, their rally is pale in comparison to Minn. Guilty by association only.
Our old buddy Sat was hot on the Minn wheat deal months ago Beans were priced higher in relation to spring wheat, (and maybe still are) and have been the lower risk, higher yielding crop the last few years. Planting beans this spring was an agronomic 'no brainer' to many farmers in the Dakotas. | |
|
Spring Wheat vs Soybeans.. what gives?
