BRANDON – Large world stockpiles of wheat and soybeans aren’t as big as some people think, according to a leading U.S. market analyst.
In fact, the stocks are tight compared to use, and a big part of them are in the hands of countries that aren’t likely to let them go.
That means the table is set for a supply shortage if crop production fails in any of the world’s major growing regions, which would drive prices higher for farmers who have a crop.
