TITLE

Wheat prices between $6 and $11

AUTHOR(S)
Anderson, Kim
PUB. DATE
June 2011
SOURCE
Southwest Farm Press;6/2/2011, Vol. 38 Issue 14, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that cash wheat prices could reach 11 dollars by December 2011 while higher production could result in 6 dollars cash prices if production problems persist in the U.S., Europe and former Soviet Union countries. It notes that world ending stocks for 2011/12 are projected to be 6.7 billion bushels compared to May 2010/11's projected ending stocks of 7.3 billion bushels, Moreover, when stocks are not tight, corn stocks are tight and soybean stocks are tight.
ACCESSION #
61229109

 

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