NEWS
Newsom on the Market
Darin Newsom DTN Senior Analyst
Fri Mar 8, 2013 11:07 AM CST

I, like most everyone else, was taught the age-old lesson of "If you can't say something nice, don't say anything at all." Now, on to the subject of the wheat outlook for the coming quarter ... Thank you all for coming. I'll talk to you next week!

Seriously, in regards to the moribund wheat market, the only positive thing to say is "How much worse can it get?"

Where to start? The Kansas City HRW market has been in a downtrend since December 2012, falling back from last year's high of $9.50 3/4 (posted in July) to this month's low ...

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