european drought brewing, page-3

imo you cannot go wrong holding wheat at current price of $650 usd per bushel. this is probably a floor for the price of wheat.


imo:

short term: buy.

medium term: sell to hold.

long term: strong buy.

ultra long term: sell.


imo:

issues with the weather, especially in the eastern hemiphere short to medium term.

weather possibly ok medium term.

issues with the weather, especially in the eastern hemiphere long term.

no issues with the weather, ultra long term.


imo timing and cash management is everything when buying grains.