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Wheat target?
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Jim1_ks
Posted 5/5/2014 06:53 (#3854528)
Subject: Wheat target?



South Central Kansas, Harper County
Whats you guys' best guess how high this KC wheat will go in the July contract? The opinion on this board is as good as any other commodity marketing site people get charged for!(lol) When I ask my broker , he says "Its an untradelable market", guess he means not definite entry/exit points as far as chart formations. Most wheat wont be harvested, if there is some, at diminished yields, in my area. My opinion, I just cant see it going much over $8.50 until wheat is actually rolling into the combines, but guess the funds could push it as high as they want, IF they see profit in the making?
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