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Anybody watching the Wheat Charts?
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wheat farmer
Posted 11/14/2007 23:02 (#238301 - in reply to #237885)
Subject: Re: Anybody watching the Wheat Charts?



KC wheat from JUL08 on is bumping pretty hard on $7.00.  Gets a little over then backs off.  I priced some wheat for July delivery but will wait until Feb or Mar '08 to price anymore.  I feel at that time if none of the JUL08 thru DEC08 have broke $7.00 and staid above it, it will be a good time to lock in some more and set a floor on the remaining expected cash sales.
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