Wheat.....

[sw363535]

Canada reports a 20+% drop in durham wheat

• 05-Feb-2018 07:30:01 AM - CANADA TOTAL WHEAT STOCKS 23.6 MLN TONNES ON DEC 31, DOWN 2.2 PCT FROM 24.1 MLN TONNES A YR EARLIER - STATSCAN
• 05-Feb-2018 07:30:01 AM - CANADA DURUM WHEAT STOCKS 4.8 MLN TONNES ON DEC 31, DOWN 21.4 PCT FROM 6.1 MLN TONNES A YR EARLIER

Will US start corrections as well?

[clayton58]

Will it make any difference?

[sw363535]

NO   ..... that is my bet.  Read that milo story about china's market manipulation........ the Reuters press people probably got a good payoff for publishing that..... They can't be that stupid.

I wish i felt differently.  But since the CBOT left us for the international market I feel like we are living through the "wizard of oz".   

Not sure which character I am or if I am just in the audience, but I am pretty sure Dorothy is a fool.  And I am just waiting to see who the wizard is. My bet is on Daffy Duck or usda collusion.

Starting to feel like this illusion of a market show is never going to end.  I never know when the real news stops and the advertising begins.

This entry was on fc stone info sheets

[elcheapo]

My question is this...who is really holding commoditys
Back ? CME does not care where it goes as long
As it goes, and if the computers see a trend,
They will buy in and keep the trend in place

So what do we farmers need to do...prime
The buying ?