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From DTN Wheat's "Impossibly Tight" Situation
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Cowboycorn
Posted 10/4/2007 21:15 (#214453 - in reply to #214443)
Subject: Re: From DTN Wheat's "Impossibly Tight" Situation


north central Oklahoma
but the bulls have used that line - "lowest carryouts in the last xx years" for years and each time we somewhat expected prices to reflect a bit of rationing. Perhaps we have finally reached the failsafe point where someone somewhere has finally had a revelation that we COULD truly run out of wheat. I do think it's possible. I just worry about what FEDGOD can or could do to screw things up in a true supply/demand situation.
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