John. I have been VERY bullish re wheat for over 2 months as my posts illustrate. If anything i am more bullish now. I cannot see how a huge wheat shortage can be avoided. China will buy what they need. India, Egypt etc don't have the cash. Political unrest in many countries a certainty imo. Hungry people are past caring re waiting for something to happen. I hope Aus gets sufficient sub soil moisture to make a big planting viable. Next 2 months crucial.
john risk - wheat price direction?, page-44
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