| zenfarm - 5/17/2024 21:25
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.
I disagree but understand your point as well.
When farmers don't want to sell because they have a bad crop and don't like the prices it hurts exports. |
3rd day in a row wheat collapses off highs. Beans higher despite bearish talk market comments
