Feast or Famine?

Feast or Famine? Soft Red Wheat futures soared to 4-month highs today, as already low global supplies seem destined to go even lower. The Australian Wheat Board has once again lowered its production estimate for the 2006-07 Wheat crop to between 12 and 15 million metric tons, down sharply from an earlier estimate closer to 20 million metric tons. Read More....