GREY:VTRAF - Post by User
Post by
fireintheholeon Feb 11, 2009 12:22pm
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Post# 15770471
Outlook for wheat from the Commodities Report...
Outlook for wheat from the Commodities Report..."Wheat gave up on the China drought panic but I would not forget about it completely. When grains turn north, sometime in March or April, wheat is likely to see some special attention as the net outcome from China will be a shortage. That means the biggest demand for wheat in the world might just need to be a major importer in 2009 and that could spell rally in the grains this year. In the end you will wish you hadn't gotten so caught up in the first quarter of the year and had the patience to wait this thing out".