Wheat Prices Lower On Profit Taking

08 Feb in Blog, commodity consulting, commodity trading, corn, futures, Mike Seery, oats, option trading, seeryfutures, soybean meal, soybean oil, soybeans, wheat

Wheat Futures---Wheat prices in the March contract is moderately lower down about 4 cents at 4.56 a bushel reversing some of the sharp gains that we witnessed over the last couple of days reacting pretty negative to neutral off the USDA crop report which stated nothing startling as today's losses were basically blamed on profit-taking in my opinion.

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