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Spring Wheat vs Soybeans.. what gives?
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JonSCKs
Posted 6/24/2017 08:18 (#6087357 - in reply to #6085807)
Subject: Storage


I've never seen the carry grow like this on a rally.. July Sept pushed out to 20 cents at times this week.. 20 cents for 60 days.. 60 cents for 7 months.. the elevators can't build bins fast enough.. I haven't done it but there's triple digit yields.. again.. coming in this year.

We're not going to run out of wheat soon..  

When I quit last night at 11 pm.. the truck line at the elevator was an hour long..

edit add: not trying to be a jerk ward but.. "we got a crop" down here..  I know the pictures up north.. "ain't gonna be much" so the market will probably do some funky things to get er sorted out.. but HRW is gonna have to do for the millers.. they'll figure out a way to make it work.. because they don't have a choice..



Edited by JonSCKs 6/24/2017 08:44




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