Wheat continues the pain train for the wheat shorts

It's been a volatile week, with the recent new high placed by soybeans early in the week completely rejected, and the market is now tumbling back to near the 15.00 mark. We also explained why wheat is sharply higher while beans are lower.

Heartland Market Talk

00:00 / 6:17

Wheat had seen further buying again today after weakness overnight when the US dollar pressed above 102. The Federal Reserve is meeting and interest rates will be hiked on Wednesday. Corn challenged the highs of the year and failed miserably, while soybeans are still holding up.

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