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Wheat most likely to correct?
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JDEEREMAN
Posted 2/6/2008 22:06 (#303132 - in reply to #302542)
Subject: Re: Wheat most likely to correct?


Eastern ND
I think the deal with minn wht is that the pipeline is very low and demand is still there. Most farmers sold along with the rise after harvest. Now the traders/exporters have to shake the trees to get those last few thousand bu that some farmers have been holding for the what if senerio, and we are seeing 30 cent gains and doing nothing. This wht is going to be the hardest to shake loose because the money probably is not crucial to the bottom line, because if it was it would have been sold many dollars ago.
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