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SC KS | - plenty of wheat in stores with another large world harvest coming
- Egypt cancelled tender (thinking lower prices possible)
- US still disadvantaged to Russia/EU (combined represent 40% world exports)
- I see it going back to $4/$4.20/bu
- $5.00 for July KCW seems to be firm resistance - only upside to me is if corn catches fire like last spring
Edited by ks_condor 4/2/2020 13:15
(wheat export values Feb 20 (full).jpg)
Attachments ---------------- wheat export values Feb 20 (full).jpg (37KB - 21 downloads)
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