$10 WHEAT/$6 CORN/$15 BEANS BY THE END OF THE YEAR?
AUDIO COMMENTARY
Positive markets despite bearish report
Chicago wheat made it’s lows for the year
The wheat situation is friendly & tons of upside
Bean fundamentals still super bullish
Trend changes are bullish. Demand for first time in a long time, we increased exports. Our yield month after month is getting smaller
If beans are sub 46-48 they will have to take demand down. The only way to get demand down is to drive prices higher
Different reownership strategies
Corn will be $0.50 to $1 higher in few months
No reason we couldn’t see $15 to $16 beans
Managing risk in the wheat market
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