Cash strategist 3/13/2024
Published
3/11/2024
Wheat markets in the U.S. have traded to their lowest levels since fall 2020 as selling pressure has been relentless since the end of last summer. Managed money, which we discussed last week, isn't overly short in the wheat market, at least in terms of historical standards, but prices have continued to drop anyway. In fact, prices have now dropped below pre-Russian invasion levels, which on the surface...
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