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| Gonna have to disagree in this one spike. I believe you were forecasting a action/reaction spike higher in corn prices after the March/April crash....that never happened. Action/reaction only happens if there is a legitimate reason. Wheat supply is record large globally. Funds are fairly neutral. Price pulling back under the 200 day ma will trigger more selling. Zero reasons for wheat to go contract high. You may end up being correct, bit for now I disagree.
Edited by Joe R 7/17/2020 12:18
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July 21 wheat CBOT
