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| Even though we are in a world market. I think with the dry conditions in the western highplains will support the market for the next couple months, after that, who knows, next years production will be anticipated and the market may break lower until wheat harvest completes and then break higher when the realization of short stocks continue. I may be grabbing at straws JMHO.
In western Kansas we have not had any precip in the last 60 days as an area, and in spots it has been 90 days plus with no rain and above normal temps and wind. Also, a substaintal amount of wheat has never emerged due to the lack of moisture. It is getting too late to have much of a crop without having a stand by now.
Edited by westernks 11/21/2007 17:30
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DEC KC 2008
