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Wheat is on fire!

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    #49
    So sad to give it away at 25.50

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      #50
      I think we take out the highs for wheat and canola by May, market has to buy acres away from corn and soybeans and the Ukraine Russia conflict brings a lot of uncertainty to grain acres and infrastructure.

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        #51
        Wheat markets have sure turned south for now.
        Really no surprise!! There is no fundamentals to this market, big crash could happen at any time.
        Need another rally before I sell more.

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          #52
          Originally posted by BTO780 View Post
          Wheat markets have sure turned south for now.
          Really no surprise!! There is no fundamentals to this market, big crash could happen at any time.
          Need another rally before I sell more.
          The Russians banned wheat exports till Dec 31, which caused the record movement .

          Moved $1.99 yesterday... more than 5 years price fluctuation in mid 201_'s 12-18.

          Dropped $1/bu in 4 min.

          Nickel won't be trading till Friday... the exchange London Exchange is reversing a whack of the last of a bunch of nickel trades... when it spiked up over 200% .

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