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| Russia has had huge crops. Ukraine war was overrated for the amount of wheat lost. I believe the ending stocks, a lot of people sitting on wheat in ND. But not as bad as corn here, piles everywhere of that. If my tinfoil hat is on right I doubt the bean numbers though, everyone I know has been 100% sold out of those for a long time. Usually when nobody has any to sell the market goes the other way. We shall see if South America floods the world market as predicted. But if we get a true widespread wheat freeze off that will maybe give the wheat market the justification it needs to run. | |
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