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Wheat is on fire!

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  • BTO780
    Senior Member
    • Nov 2021
    • 541
    #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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      • TOM4CWB
        Senior Member
        • Dec 2000
        • 16511
        #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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