Shawn McCambridge Wheat Quotations

Upside potential will probably be limited if we're basing it just on the cold temperatures until we get a more accurate assessment of whether damage did actually take place. We've seen this wheat crop too many times - we've 'killed' it and it turns around and comes back stronger than ever.

This means we did add to the U.S. ending stocks. USDA's U.S. wheat ending stocks estimate of 542 million bushels is still adequate to our needs.

We really don't have the fundamental support that we had several weeks ago, (as) added moisture continues to come across the Plains states, and even in the Midwest. Soil moisture has improved dramatically for the soft wheat crop.

That could give the Kansas City wheat market some support.