Tidbits, Wheat Arguments, USDA Order, Canada Crops, Machinery, Export Sales, Rigs 10/17/26
Tidbits
Flash Sales: the USDA announced yesterday morning the sales of:
127,000 mts of old crop corn to Japan
558,000 mts of old crop soybeans to China
236,000 mts of old crop soybeans to unknown
Wheat: Yesterday weakness in wheat may have been extreme because the CEO of Germany’s largest private cash grain trading firm advised farmers yesterday morning to sell 80-90% of old crop wheat and 50% of new crop.
His core arguments:
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