US WHEAT

[cottonpicken]

Anybody here this?

http://www.bloomberg.com/apps/news?pid=20602013&sid=aV7qyMpknOKs&refer=commodity _futures

Us winter wheat is in worst shape in seven years according to the government.

[melvill]

More details at:

http://www.nass.usda.gov/Charts_and_Maps/Crop_Progress_&_Condition/ww_cnd_h.asp

and at:
Weather - Crop Summary
http://www.nass.usda.gov/index.asp

[brian99]

I don't think you can kill that Kansas winterwheat crop in the fall, cotton. Great for market rallys, but spring makes or breaks those boys.

[brian99]

That crop condition chart was very interesting, Lee. I noticed in every year crop yield dropped at least 10 bu. Starting at 52 bu gives us a max final yield for 08 at 42 bu. I wonder how that number plugs into the S&D tables? Not 100% scientific I grant you, but not a bad reference point. Are all years anywhere, so that I can get an average crop condition change?

[cottonpicken]

Yeh,i dont think its a major thing,but a lot of traders who know nothing about farming will read that and it can only help prices.

[malleefarmer]

cotton how much credence do you put on the info coming out of argentina?