Market Comments and Updated - June 22, 2017
Bread - We are in the middle of wheat harvest in most of Central to North Central KS. The sun is shining and the bushels are being counted. The combines are rolling and the farmers south of you have finished and are selling! Yield reports have been mostly average to above average. If you look just at the yield reports this feels and sounds bearish. This partially explains today’s action in wheat…but…perhaps the rest of the story is elsewhere.
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