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| I think it's a buy but that's just my opinion. I think the spring wheat drought of 17 is more serious than this springs delayed planting but other fundamentals are different this year as well. With the winter in the upper Midwest combined with the drought in the southern plains I don't think that $8 is unreachable. Still a lot of wheat in the world but we haven't seen domestic issues like this for awhile. Fwiw | |
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