date:Oct 26, 2012
tart US winter wheat seedlings are making, with 40% in the top producing state of Kansas rated good or excellent, even lower than last year's lowly figure.
As such, we believe that wheat prices will remain at a high level for at least the next three months.
'Insufficient to meet demand'
Chicago soybean prices, meanwhile, are on track to recover to $16.80 a bushel on a three-month horizon, well above the level that futures are pricing in, underpinned by demand for soyoil, both as a feedstock f