USDA report from last night was very positive.
Wheat up 48c, Corn up 48c, Soy up 47c and canola up $19/tn.
Looks like acreage is down on Soybeans (-1.5 million acres).
Estimations were quite a bit lower than the actual amount of wheat/Corn used for feed.
Fingers crossed that we have seen the lows for 12/13.
Very dry here in WA for the last 2 months, but have some subsoil moisture that could join up if we have a reasonable break to the season.
Canola, Wheat & Barley will be cut back a little this year to give the sheep a bit more feed.
All the best for the season.
- Forums
- Commodities
- whats everyone planting?
USDA report from last night was very positive.Wheat up 48c, Corn...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online