Wheat Outlook

[charliep]

Below is article for grain place. Any other opinions on the wheat outlook. US wheat futures continue to struggle reflecting the generally good condition of the US winter wheat crop/approaching harvest. Longer term, a tightening world wheat supply demand balance, a likely reduction in US spring wheat acreage and uncertainty over North American summer weather give wheat a solid outlook going into the 00/01 crop year. Look for CWB payments for top grade hard red spring wheat to be closer to the top end of the March PRO than the bottom. If you are increasing acreage seeded to CWB crops, make sure you thinking about the implications of this on your cash flow (i.e. you are only getting an initial payment/delivery is when the CWB calls for it).

[kenzie]

Wondering about the CWES class of wheat. Is the outlook the same for it or does it have a unique niche and possibly a better potential up side?