Markets.

[Landdownunder]

Look like they are all in report mode.

[Austrian Economics]

Financial markets don't seem to regard the apparent Fed desire to boost interest rates and engage in tapering as terribly good news.

If Covid whiplash did not body slam the economy sufficiently, then 4 rate hikes will probably do the trick.

[TASFarms]

Taper,interest rate hike and taxes. Will hurt a lot of people

[Landdownunder]

Meaning jan12.

Mountain of wheat in the world neutral bearish even.

Rest of grain oilseed legume complex I’m slightly bullish

Any of you gurus plot Kansas Nebraska wheat yields over last 20yrs and overlay with cbot wheat. Is there actually any correlation?

Will it be a market mover or a market stabiliser at these current levels but not pushing higher.

Still a mountain of wheat in the world.

Another question seems China holds vast majority of world stocks how do they accumulate it all don’t seem to participate in many tenders? Buy it second hand? Referring to wheat. There corn purchases are noted

[AlbertaFarmer5]

world.

Another question seems China holds vast majority of world stocks how do they accumulate it all don’t seem to participate in many tenders? Buy it second hand? Referring to wheat. There corn purchases are noted

They grow the majority of it. Only quite recently they started importing significant quantities.
Evidently France has been getting the majority of the business.

[shtferbrains]

They grow the majority of it. Only quite recently they started importing significant quantities.
Evidently France has been getting the majority of the business.

https://www.washingtonpost.com/opinions/2020/04/07/why-do-we-keep-treating-china-source-reliable-information/

The Chinese Communist Party manipulates its statistics. This is neither an opinion nor a revelation: it’s a simple fact, critical to understanding China today. Chairman Xi Jinping demands that Chinese journalists prioritize loyalty to the Party over truth or accuracy. Li Keqiang, who now runs China’s economy as the premier, once smilingly told the U.S. ambassador that most Chinese statistics are “for reference only,” and that statistics on gross domestic product especially are “man-made".



You might say ChiCom statistics are whatever they think is best for them?

[burnt]

https://www.washingtonpost.com/opinions/2020/04/07/why-do-we-keep-treating-china-source-reliable-information/

The Chinese Communist Party manipulates its statistics. This is neither an opinion nor a revelation: it’s a simple fact, critical to understanding China today. Chairman Xi Jinping demands that Chinese journalists prioritize loyalty to the Party over truth or accuracy. Li Keqiang, who now runs China’s economy as the premier, once smilingly told the U.S. ambassador that most Chinese statistics are “for reference only,” and that statistics on gross domestic product especially are “man-made".



You might say ChiCom statistics are whatever they think is best for them?

Golly, that's never happened before.

What it comes down to is that every bloody government in the world does that, putting out the info that best serves their interests.. The dominant mantra carries the day.

What's surprising/shocking/sickening is that it so poorly recognized where it matters the most/

[furrowtickler]

https://www.washingtonpost.com/opinions/2020/04/07/why-do-we-keep-treating-china-source-reliable-information/

The Chinese Communist Party manipulates its statistics. This is neither an opinion nor a revelation: it’s a simple fact, critical to understanding China today. Chairman Xi Jinping demands that Chinese journalists prioritize loyalty to the Party over truth or accuracy. Li Keqiang, who now runs China’s economy as the premier, once smilingly told the U.S. ambassador that most Chinese statistics are “for reference only,” and that statistics on gross domestic product especially are “man-made".



You might say ChiCom statistics are whatever they think is best for them?

Sounds similar to Canada on the media recently

[furrowtickler]

Not sure what to make of this ?

[4GFarms]

Probably sold to themselves, drop the market and come back in as a buyer again when price drops.

[TOM4CWB]

Probably sold to themselves, drop the market and come back in as a buyer again when price drops.

Wednesday USDA reports could be interesting... Wheat failed to follow other grains down today...

[shtferbrains]

Sorry for derailing your marketing thread again with ChiCom politics again Mallee.
China statistics make me go tomato head.

[farming101]

Not sure what to make of this ?

Could be a record price for grain sold out of China State reserves.

China spot wheat prices another 5% higher

The date threw me but it is from the Jan 5 2022 results

[TOM4CWB]

Sorry for derailing your marketing thread again with ChiCom politics again Mallee.
China statistics make me go tomato head.

AsiaPacific half the worlds population... Chinese New Year will shut down things soon... Very important!

[Old Cowzilla]

I must be reading that wrong but if that is all they can come up with in 6 years of storage than wheat should shoot to the moon ?????????