date:May 10, 2016
iev attach cited in a Reuters story. Parched weather in Canada threatening wheat production didnt stop the market slide.
Were down three million acres (in the U.S.), and its still a bigger crop, said DuWayne Bosse of Bolt Marketing in Britton, S.D. The problem is that there is a lot of wheat grown all over the world, he observed.
The exception might be Canada, where wheat stocks have dropped to levels not seen since the 1930s.
Before the markets close Friday, CBOT July futures for soft winter