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New Mexico | bunkers. Just a great deal in June...most filled in the low 3's, a small amount in the high 2's.
With 110% more feed value than corn at $4, perhaps wheat was the feed bargain of the decade too, ALL in 010.
There was alot of "off" wheat in the SW this year.
Looks like 250 million to 400 million bu of the supposed 1 B carry is more truely feed here.
The afore is what got usa wheat "current," in 2010.
The dry deal overseas pretty much dictates that there is NO true global carry, btw.
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any thought on next weeks market?
