Are Wheat Prices Going Lower?

10 Mar in Blog, commodity consulting, commodity trading, corn futures, futures broker, Kansas City wheat, Michael Seery, Minneapolis wheat, oat futures, rough rice futures, Seery Futures.com, soybean futures, soybean meal futures, soybean oil futures, wheat futures

Wheat Futures--- Wheat futures in the May contract are currently down 1 cent currently trading at 4.88 a bushel in Chicago as the USDA announced carryover levels being reduced by 10 million bushels currently standing around 660 million but worldwide carryover levels were left basically unchanged as I have been recommending a bearish position in wheat for several weeks and if you took that trade place your stop loss above the 10 day high which currently

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