Home Bread-Bakers v108.n011.1

a wheat farmer's point of view

Mon, 17 Mar 2008 09:56:47 EDT
Mike Avery wrote in his msg "stock up" about the status of 
wheat.  Might add my 2 cents from a wheat farmer's standpoint.

Last year's wheat crop was down in bushels but not a serious 
deficiency. There is plenty of product out there in storage.

This year's crop is in good shape mositure wise.  Winter wheat 
harvest does not begin until May so the final 2008 status is always 
unknown till then

The corn bubble has burst.  Plants that process corn into fuel have 
been overbuilt and the demand will be declining.  Farmers saw this 
last year and shifted what they can back to tradition 
plantings.  Compliance with USDA requirements limits what you can do.