date:Nov 09, 2012
ours, it will be bearish on the board, but we'll see a substantial basis offset. Farmers are tight on grain, and they're not looking to sell much. And if the board falls off, that will be more true, Schrad says. Again, we're going to be keeping a close eye domestically on what export sales are.
Probably won't see much change in ending carryout because export numbers will increase toward the end of year. There will not be a lot of price response one way or another.
What about wheat?
Export de