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Grain outlook: carryover tightens prices amid export pressure
Blankley notes a 265 million bushel carryover the smallest since 1948 while exporters face stiff competition from Australia and Canada. He sees near term price volatility due to uncertain demand and favorable new crop prospects. Poorbaugh warns of ample wheat but warns rising costs and debt shadows farmers.
MENTIONED IN THIS ARTICLE
U.S
Canada
Blankley
Midwest
South America
Peru
Bankley
William Poorbaugh
Lancaster
Poorbaugh Grain Co
Poorbaugh
India
Russia
China
Brankley