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USDA Crop Report

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    USDA Crop Report

    Just a note that USDA released their January crop production estimates, Dec. 1 Stocks report and first 2002 US winter wheat and rye acreage estimates.

    Most things a little smaller than expected.

    Just to get a little excitement going, is it time to start buying wheat calls? What are you seeing in the wheat market?

    #2
    Charlie,

    Wheat calls are BIG money right now, obviously they should have been bought 2 weeks ago!

    My estimate is that they are still 40% higher than last year, speculation can be expensive without a good marketing plan, right?

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