4 ms·
Presumably they already bought wheat futures for a significant fraction of demand, and so it is up to the sellers to organize the actual wheat, possibly at a lo
by phreeza 5y ago
Presumably they already bought wheat futures for a significant fraction of demand, and so it is up to the sellers to organize the actual wheat, possibly at a loss.
- throwaway6532 5y agoThey have 4 months worth of strategic reserves and I read somewhere planned deliveries will bring that up to 8 months worth. I think the danger is in future if those 8 months worth get burnt through and replacements don't come. That's still an unknown at this point, but it's what I'm personally watching out for in terms of being able to see around the corner to what may be coming next.