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Recovery In Wheat

Recovery In Wheat

June 5, 2019

The price of wheat recently recovered by over $1 per bushel on the nearby CBOT futures contract, and the price moved back over the $5 per bushel level. In my latest piece for Seeking Alpha, I examine the price action in the wheat futures market and point out that is possible we will see a bullish reversal on the long-term quarterly chart if the price settles above $5.3125 at the end of this month.

Article: Recovery In Wheat

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