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3rd day in a row wheat collapses off highs. Beans higher despite bearish talk market comments
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zenfarm
Posted 5/17/2024 21:25 (#10743359 - in reply to #10743294)
Subject: RE: 3rd day in a row wheat collapses off highs. Beans higher despite bearish talk market comments


South central kansas

The US is the residual supplier of wheat to the world, we have consistently been the highest price wheat in the world for years ( in terms of HRWW). I don’t think that just because we have more supplies of HRWW that means we are going to export more. Being a fungible commodity, wheat primarily competes on the basis of price.
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