The December Minneapolis wheat contract flirted with the $10 level on Wednesday. Total Farm Marketing Senior Market Analyst Naomi Blohm says there’s been a lot of technical buying. “If you’re holding onto wheat looking to price, this is your chance. The market is getting over bought. Make sure you pull the trigger on sales at this value point,” says Blohm. “The Dakotas have an interesting acreage perspective. We’re all watching what you’ll be doing. We are waiting with bated breath to know where your acres are going in the spring.”
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.