Wheat

[furrowtickler]

No doubt someone always sells cheaper , but still these charts tell a story too …

[wmoebis]

Is there a graph like that for just Canada production and stocks. Be neat to see prices included. THX

[AlbertaFarmer5]

From today's stats can stop report:
Total wheat stocks were down 10.3% from a year earlier to 20.7 million metric tons as of Dec. 31, the agency said.
On-farm stocks were 11.7% lower and deliveries of wheat off-farm slipped 1.7%, while wheat exports climbed 2.7% to 10.6 million tons.

[flea beetle]

And yet the price keeps dropping…

[the big wheel]

Does that include wheat for feed because that would distort things a fair bit I would think.I doubt anyone knows the wheat amounts that go to feedlots or would they?

[Sodbuster]

Sometime you have to wonder if grain markets are too distorted with the huge amount of speculators shorting the market lately.

[WiltonRanch]

Supply and demand fundamentals left the building years ago.

[fjlip]

Russia exports 2.5 times what we grow...price setters now.

[furrowtickler]

BRICS teaching North America a lesson .

[Marusko]

Sometime you have to wonder if grain markets are too distorted with the huge amount of speculators shorting the market lately.

I don't follow the stats on shorts and all that. If there's a lot of speculators shorting the market, though, and now prices are this low.... and barring a world-wide bumper crop or some sort of black swan event... isn't it just a matter of time before the shorts gotta buy back their positions and the markets pop back up again?