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Call Almota Toll Free (800) 835-2969 for prices! Call for current wheat & barley prices! Toll Free 1.800.835.2969 Email us to...subscribe to 'end of day' newsletter... Current Bids… SWH…$4.67 Coast BLY…$120.00 Coast DNS…$6.76 Coast HRW…$5.20 Coast ***** Thursday...March 11th...Noon ***** The Government's report stated the obvious:' lots of wheat in the world today.' Competition for the world's wheat export biz is intense and offers are becoming aggressively cheaper...Outside markets appear mixed and offer a cloudy forecast. China's credit tightening versus inflation fighting is sponsoring a global chorus of economic conjecture. Commodity trading consequences could have long tails...SWW old crop bids have been compressed in this negative environment. New-crop values have shown greater sensitivity to Chicago's 'flavor of the day volatility'. (The Scoular Company) The CBOT May contract is showing a sense of indecision or tug of war between buyers and sellers. Call it 'no direction' for the moment. That may be the only 'plus' we've noticed in the past 5 days or trading?! |