Wheat futures trade limit for the fifth session in a row

Daily volatility not only is having limit moves in wheat the last five days, but we have also seen wheat go up the limit back to unchanged and back up the limit today along with several trading opportunities off of the limit.

Heartland Market Talk
Heartland Market Talk
Wheat futures trade limit for the fifth session in a row
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In today's Heartland Market Talk, we talk about the wheat market in the extreme volatility receding. Eventually, the lost price of wheat out of Ukraine will be priced in. The catch is when will the emotion be done?. The wheat supplies out of Ukraine that is being omitted along with Russia are not as bad as they would've been had this occurred last fall, as the supplies were pretty much moved already through February.. So the US is capable of offsetting those lost sales for now.

Commodities, futures and options trading involves financial risk and should be considered carefully before making any trades. The information contained on this site is taken from sources, which we believe to be reliable, but is not guaranteed by us as to accuracy or completeness and is provided to you for information purposes only.

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