Im still short sept wheat at $5.14. The bounce came,my system kept me in the trade$$
Congrats Mike!
These prices below are for the front month, July.
Last 10 years of wheat prices:
Wheat 3 months
Wheat 1 year chart below
Empty and MetMike
In face of today's report, the move in wheat surely is weather related? Massive short covering?
Your thoughts?
Am not sure what you mean tjc,
please elaborate.
The move in wheat today is a reaction to the Paris price . Seems they have a weather problem there.