JR the market is sending the winter crop planters in the northern hemisphere a signal - plant winter wheat, plant winter wheat. No barley or canola needed. Maybe some sugar beet.
Hoping for a rally up to that 750 to get adequate coverage over current wheat crop, and may look to 25-50% of 2014 wheat crop, 25% 2015. Can see a lot of acres moving to wheat. Not only has wheat been rallying but the feed grains and oilseeds have been faltering.
The major global trend is away from livestock and feed grains to the human cunsumptives like wheat and oilseeds. Globalists effecting that through the animal welfare movement and direct government anti-animal farming policies.
