Posted 6/13/2007 18:31 (#161996 - in reply to #161510) Subject: Re: Wheat futures on Fire - is it really that bad?
Southeast Colorado
The last month has shaved a lot of the extra bushels off of the SW Kansas and SE Colo. crop but it still will probably harvest a lot of 50 bushel wheat. A couple of inches of rain around the middle of May would have turned it into a 60+ bushel crop. It all sounds good at $5.50/bushel.