China

[jamesb]

https://www.dtnpf.com/agriculture/web/ag/blogs/an-urbans-rural-view/blog-post/2020/12/18/american-farmers-lose-poker-game?referrer=twitter#.X9zUp172dRs.twitter

We have seen oil-seeds and feed grains take off with China buying and the realization that we are short or China is short themselves. Can wheat be far behind ? The " world stocks" reports tell us there is lot is wheat around, or is there?

[beaverdam]

https://www.dtnpf.com/agriculture/web/ag/blogs/an-urbans-rural-view/blog-post/2020/12/18/american-farmers-lose-poker-game?referrer=twitter#.X9zUp172dRs.twitter

We have seen oil-seeds and feed grains take off with China buying and the realization that we are short or China is short themselves. Can wheat be far behind ? The " world stocks" reports tell us there is lot is wheat around, or is there?

There might be lot of wheat, if humans are the only ones consuming it,,, once wheat is being to be feed to animals as well as humans, watch the stocks drop in a hurry, and wheat prices rise.

[jamesb]

There might be lot of wheat, if humans are the only ones consuming it,,, once wheat is being to be feed to animals as well as humans, watch the stocks drop in a hurry, and wheat prices rise.

We are in a poor area freight wise so our wheat price has been below what other areas have seen. There have been $7 feed wheat bids out there which beats #1 HRS.