CLICK ON VIDEO ABOVE
Clients to our Weather Wealth newsletter were advised to book some really good profits in some coffee positions before the price collapse on Thursday, as well as potentially a long MGE July spring wheat, vs short December corn spread.
The worsening drought in the northern Plains, Canada, and parts of Russia helped spring wheat prices rally close to $1.00 this past week until a slightly wetter forecast and a strong dollar put the breaks on prices, temporarily.
However, the video above talks about the Climatic factors needed to see a bull market in corn and soybeans this summer. Enjoy