World stocks are low?
No they're not.
Not unless we see a drought in a major wheat producing nation.
A stock-to-use ratio of ~25 suggests a comfortable market and is just above average.
Nth Hem crops are more or less locked-in now, so look to the Sth Am corn crop and our domestic market. Other than that, we're talking 16/17 US/EU/Black Sea crops, which is a way off.
- Forums
- Commodities
- How low can wheat go?
How low can wheat go?, page-122
-
- There are more pages in this discussion • 94 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)