Sep 21, 2014
Sign UpLogin

U.S. Farm Report Mailbag

RSS By: U.S. Farm Report, US Farm Report

Comments, questions, opinions...this is your chance to speak out regarding anything and everything reported on U.S. Farm Report. Viewer feedback updated regularly.

What About Wheat?

Mar 10, 2009
   There was talk that there would not be a battle for acres this spring between corn and soybeans. I was surprised that it was not even mentioned that with the drought in Texas and Oklahoma etc that wheat could be a wildcard player for some acres. After all wheat is the leader in the grains. Do we have that much reserve? 
Reggie Gassman
Log In or Sign Up to comment

COMMENTS (2 Comments)

The 3/11 report says we have more reserves than even USDA previously thought we had. With today's number, we now have enough wheat for 40-45% of our annual usage already in the bin and ready for 2009/2010 before we start the combines. Granted the wheat may not be the right type(durum or HRW), but the USA does have wheat. Now the only thing to do is sit back and wait to see if these carryover numbers play out the way the USDA estimates. Should have contracted more wheat last fall than I did at $7+/bu.
6:36 PM Mar 11th
Obviously we do my basis is -$1.80
2:29 PM Mar 10th


Market Data provided by
Enter Zip Code below to view live local results:
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by|Site Map|Privacy Policy|Terms & Conditions