And most wheat farmers are likely booking wheat futures for another 10-20% of anticipated production on top of 10-20% in the 380-410 range with the lastr ally in December. That is why I am so impressed with wheat's rally. There has been a lot of farmer selling into all of this. The world's farmers are handing over their grain to the funds and I think the funds have got bigger plans for this market. Good luck for the year! If ever there was a time to be slack on your marketing (ie do very little at this stage) it is this year or at least if you are hedging make sure your you have insurance to the upside.
