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| Of the three major crops wheat has the most bearish overall world supply. A LOT of people around the globe have figured out how to grow good wheat. The US just frankly doesn't matter in the scheme of wheat as much as it used to. This collapse in wheat is the least shocking thing of the week in my opinion. LongKC had pointed out that he felt the WASDE report would be brutal on wheat and I completely agreed, put a few shorts on wheat this week for that reason. | |
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Where's the wheat?
