$10 WHEAT/$6 CORN/$15 BEANS BY THE END OF THE YEAR?

Written By Sebastian Frost

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

Listen to today’s audio below

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Sebastian Frost
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BEARISH REPORT, BUT SETS THE STAGE FOR HIGHER PRICES