john risk - wheat price direction?, page-69

$9-10 move on APW MG contracts across Oz ports today. Another crack at $300/mt for SA and for the rest of the country already trading above, there's some of your freight paid for.

It will be interesting to see how long the funds are actually willing to go, as since the shorts are out of the market now, it's not as easy as simply jumping onboard the momentum of a short covering rally.