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Wheat market
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Posted 10/13/2021 14:08 (#9266933 - in reply to #9266696)
Subject: RE: Wheat market

There's still a lot of wheat in the world. For me to see it rally past $8/bu need to see the following:
1) continued decline stocks/use (next year off to ok start)
2) crude/energy complex continue to churn higher
3) corn to climb higher as '22 wheat expensive to corn
4) USD vs. Ruble not working in favor either at the moment

(ZW_history_with_currency (full).png)

Attachments ZW_history_with_currency (full).png (90KB - 5 downloads)
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