Wheat could be up by at least 7% in the next few days
Updated
Wheat with little resistance in the zone between 590 and 632 will likely rise 7%.
Any escalation in Ukraine and maintained demand in Egypt will drive the demand up against supply.
This will add an inflationary pressure on most markets and might be an uncontrolled pressure on the USD amongst many others,
BUY!
Any escalation in Ukraine and maintained demand in Egypt will drive the demand up against supply.
This will add an inflationary pressure on most markets and might be an uncontrolled pressure on the USD amongst many others,
BUY!
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Wheat seems to have a good ceiling height and could make more bread fro a little while.
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