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Veteran Advisor
Palouser
Posts: 2,301
Registered: ‎05-13-2010
0

From here on out ….

..... I think we start seeing serious consideration of supply vs demand and less hope for production changes either way in N America. Other areas on the globe start becoming more important factors. We are definitely not making much headway in getting out of the 'danger zone', yet. It may take a year, assuming production factors are positive.

Senior Contributor
rightone
Posts: 217
Registered: ‎05-13-2010
0

Re: From here on out ….

I figure wheat is headed back to the 2X to 3.5X price relationship of corn for instance.

 

If AU happens to be in the 15 to 17mmt tonne range crop, wheat is headed to $20 to $35 per bu over the next 10 months.

Soy gonna follow right along.

 

Corn likely to stay down in the $8 to maybe 9 or 10 range.

( just pretty much a lower volume single use crop from most perspectives at this point, again ).

Cost affective cattle for every environment here.
Veteran Contributor
ncil
Posts: 95
Registered: ‎05-17-2010
0

Re: From here on out ….

Woo - lets back up the train - gotta call you on that one

( just pretty much a lower volume single use crop from most perspectives at this point, again ).

You gotta be kidding - I doubt that more things are made out of anny other crop - Corn is King