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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (34630)	5/10/2008 4:47:07 PM
From: Lazarus_Long	Respond to of 217931

WOW! Thanks quite a bit different from the panic mode much of the press has been in! This gives a little different story, but still not mad panic. ndwheat.com Projected production for '08 isn't as '05 or '06, but still higher opr as high as most years since 1991. Unfortunately, projected consumption is the 2nd highest since 1991. The increase in production and export comes from the US. Other countries have dropped. Bad weather? If you look at the "WORLD WHEAT TRADE" chart near the end, you can see that :Other Exporters (those not included in the top 5 exporters) have increased their exports by 40% since 2004, so the US may have less to do wqith this than it first appears. Part of the other exporters increase in exports came from their stored stocks. Thanks.