Originally posted by caseih
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Originally posted by wiseguyHow shallow of you there is a pandemic out there !
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Originally posted by farming101 View PostChicago and Kansas both closed above trendline/pennant formation today
MW a nothing burger
CBOT Dec wht up A$3.33/t despite sharp lift in A$. US$ lower. Demand from Tunisia, Turkey & Sth Korea. Concerns whether Russian crops have enough snow cover to protect them from the cold. Fund buying as well with funds not as exposed to wht as they are to corn & soybns.Last edited by malleefarmer; Nov 24, 2020, 15:41.
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Will be interesting tender
http://www.gasc.gov.eg/wheat%20bids_en.htm http://www.gasc.gov.eg/wheat%20bids_en.htm
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Seems a lot of "profit taking" selling going on, before the holiday, even though ratings are dropping.
KC Wheat commentary,
https://www.barchart.com/story/futures/grains/692547/kc-wheat-examined-will-2021-futures-trade-the-7-handle https://www.barchart.com/story/futures/grains/692547/kc-wheat-examined-will-2021-futures-trade-the-7-handle
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Saw a report that said feed wheat sold for $6.90 picked up in southwest Manitoba. Not just one load either.
What an insult to milling wheat prices.
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