Wheat losses

[malleefarmer]

Correcterrol Chinese love lager type beers.

The more yellow paler ones and mid strength beers are popular the 3.5% beers.

We got approached to grow barley for a malt steer in China. When I say we it was a group of 50 local farmers. Specs 1% above normal malt protein but had to have very test weight.

Never got of the ground there so called premium was a grey area.

But they were basically buying of grade malt or high grade feed

[malleefarmer]

Not real good at tech stuff.

Maybe error or McDon austraneconomics or was it tech someone a while back or any off you.

But reading sept wheat support is 475 that were it closed.

If it breaks one way street or what, harvest pressure wouldn’t be full throttle just yet would it?

Roughly worked out wheat fallen 55 cents in June.

If corn stabilises and doesn’t edge lower it’s gotta help whole grain complex?

Ps non grain comment year on year June 30 19 to jun 30 20 wool has lost 38% since peak in mid sept 45% a fair hit. No demand no factories open and synthetic cheap cheap people buy with there hip pocket

[malleefarmer]

Good to see wheat bounced of support

[farming101]

Weak support in here I guess. Needs to see some back to back days higher or this could turn lower and draw a bead on the 4.30 area Chicago

[farming101]

Great corn crop developing. Sub 3 corn likely. Hope I'm wrong

[malleefarmer]

Great corn crop developing. Sub 3 corn likely. Hope I'm wrong

Guess I don’t farm in NHemisphere and understand it all but always been told “ultimately corn is king both high and low prices all the rest are followers”

Probably not quite true nowadays as grain is global or more than it was in 1981 when I started