what goes up cant defy gravity

[malleefarmer]

crash.
life in 2016 funds control the markets rather than FUNDamentals its seems to me.
That aside there still is a mount Everest of wheat in the world and we cant get away from that fact.
Here in aussie land apparently there is a huge carryover which rarely happens.
Indonesia our nearest neighbour and huge market we cant get a look in there mostly black sea low quality wheat topped up with about 10% Australian to get specs up in flour mills there.

Free trade that's the way it is. Bright side is it would have been worse if we were still under single desk for wheat the whole crop would be unsold....

[farming101]

hey Mallee check the numbers. I think Aussie wheat has a little bigger share than that.
However you are right. Ocean freight rates have allowed wheat from just about anywhere
in the world into the prime Aussie wheat trading nations and given you guys some stiff
competition.
Minneapolis wheat looks to have the best shot at picking itself up off the floor next Monday.
Kansas contract particularly weak.