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Wheat Market

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    Wheat Market

    Seems really range bound between 398 cents and 415 cents guess nothing fot it break out on top side or fall through on the bottom.

    Seems to be a follower as often happens so as long as corn holds up and to a lesser extent beans the lows were in a few weeks back?

    I know we all worry about our own patch mostly human nature and i also know western canada is very wet should have abundant planting moisture, im not being a smart arse there, but is europe black sea and wheat growing areas of usa in near perfect conditions for winter wheat planting and spring wheat for next year?

    #2
    The longer prices go sideways the more likely small short covering rallies could happen.
    Southern US very dry in some areas. Dodge City Kansas for example hit 33C today with 14%rh. At this time of year traders don't care but it likely means fewer acres seeded.

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