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Honored Advisor
Posts: 8,544
Registered: ‎07-18-2011
0

Wheat.....

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?

Veteran Advisor
Posts: 699
Registered: ‎05-13-2010
0

Re: Wheat.....

Will it make any difference?
Honored Advisor
Posts: 8,544
Registered: ‎07-18-2011

Re: Wheat.....

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

 

 

 

 

 

Veteran Advisor
Posts: 3,964
Registered: ‎02-11-2013
0

Re: Wheat.....

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 ?