This thread along with prices could sure use a bump up.
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First opportunity to short Kansas in months popped up so shorted one March on paper.
Got stopped out with 368.75 US less fees.
This morning Kansas has gapped up.
Positioning for USDA report?
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According to SovEcon, Chicago wheat is up 4% in two days after rumors from Russia about potential grain market regulation.
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commentary,
https://www.barchart.com/story/futures/quotes/MWH21/overview/780584/wheat-posting-double-digit-gains-ahead-of-wasde-report https://www.barchart.com/story/futures/quotes/MWH21/overview/780584/wheat-posting-double-digit-gains-ahead-of-wasde-report
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Originally posted by errolanderson View PostAccording to SovEcon, Chicago wheat is up 4% in two days after rumors from Russia about potential grain market regulation.
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Originally posted by farmaholic View PostRight or wrong I went from zero to 100% sold on Friday for June delivery.
or should I say, your decision, makes you like a guru.
Did you buy a position back on paper, incase wheats worth $3.00/bus more in June?
you know I'm hoping it is !
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