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    WHY DID WHEAT PRICE CONSOLIDATE IN JUNE? (AND WHY THEY COULD REBOUND?)

    20 Jun 2024
    “Sell the rumour, buy the facts” has again proven to be the correct pre-harvest approach. Spring weather markets often bring additional volatility and wheat prices went up 25% in April/May and down 12% in June. They even decreased 12 times during the last 14 trading days! We will review here why prices consolidated so suddenly despite strong fundamentals and why we believe the wheat story is probably not over…

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