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Honored Advisor

A little good news in wheat----finally

"Brazil is on pace to buy the most wheat from the U.S. in at least two decades, while China has booked orders for nearly four times as much as it bought last year. The surging export demand is sending U.S. wheat prices higher and benefiting farmers and shipping companies."

 

http://online.wsj.com/news/articles/SB10001424052702304384104579139542793558098?mod=WSJ_Commodities_...

 

 

Wall Street Journal's lead story in commodities section Wednesday

 

The U.S. has shipped 40% more wheat abroad this season than a year earlier, fueled by surging demand from Brazil and China, according to the U.S. Department of Agriculture.

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Senior Contributor

Re: A little good news in wheat----finally

Here is a picture that came to me from Twitter.

No credit of where it came from but it indicates that China may have some problems in wheat growing areas.

 

Is this more good news for wheat?

 

Screen Shot 2013-10-16 at 9.37.52 AM.png

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