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CAUTION/Corn Wheat Drought Affected
In Response To: Corn Wheat Drought Affected ()

Will post over the weekend on the grain complex.. A lot going on. Much more than U.S. HRW wheat weather. Beans and corn quite different. World weather in key producing areas must also considered. COT is bearish big time on the fund's way over crowded meal position. Currency and trade tensions also negative. Next week's WASDE will break China's stocks out as a line item for the first time. World wheat stocks without China have been declining for 5-10 years, depending how one measures it.

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Corn Wheat Drought Affected
CAUTION/Corn Wheat Drought Affected