Isn't it funny how the shit show we call the market knows?
It knows jack shit it just sets up big moves for others to make a huge profit.
I find it totally funny with what is happening in the USA with flooding as if the wheat will yield to the moon. Flooded wheat doesn't produce jack shit. But like they lied to us for years rain makes grain bullshit in the flood years.
Then the drought in Western Canada and how the heat is affecting yield. Well here is a little tidbit. If you seeded in April your at the 5 to 6 leaf and yield is already known. It won't be big with no rain up to this point and if we get the weekend rain you could have a more plump kernel but guess what all those that never germinated and yes there are a few will come so dead ripe come fall and grass green in the crop.
To us guys who seeded later, the rain will give a whole new issue of things with a fresh growth of all that didn't germinate plus every weed in the history of Saskatchewan will germinate. Yea big yields and then late.
Russia is dry, well if we are the other side of the earth should have the same shitty weather. Yield reduction.
Then Australia will it produce a substandard yield again. I think we're on way for that or just a little better.
So explain why wheat is in the tank. Or is it just screw the guys who held out for that good quality and sell for top dollar when the real news hits the fan.
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