WHAT price will wheat go up to?

[Iwilldoit]

Pure speculation on my side based on monthly charts.....
13.35 followed by 14.00

View attachment 279737

Thank you

 

[easymon1]

Fertilizer Shortages Due to Russia-Ukraine Tension May Hit U.S. Growing Season
https://www.bloomberg.com/news/arti...ears-of-fertilizer-shortages-food-price-hikes
https://stockcharts.com/freecharts/candleglance.html?NTR,mos,cf,ipi,ctva,icl,teck,ntr.to
Will food go out of style?

 

[maxinger]

you didn't ask :

WHAT price will wheat go down to?

 

[easymon1]

Up to the minute news.
Max has your Up to the minute views.

 

[maxinger]

Up to the minute news.
Max has your Up to the minute views.

The massive decline started on 8 Mar 2022 (2 days after the OP and I posted about the wheat things).
wheat futures price have already dropped massively by 30%.
Indian farmers (and other farmers) will be more than willing to sell their grains.


Those who have longed wheat earlier should have a good target profit / exit plan (mentioned in my earlier post).

anyway, I don't day trade grain futures due to its lousy day range.