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US Wheat Futures - Dec 24 (ZWZ4)

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ZWDerivedUSD
Wc1CMEUSD
Wc2CMEUSD
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Currency in USD
Disclaimer
567.00
-7.75(-1.35%)
Closed

US Wheat Futures Discussions

YES! NICE! hopefully can hit 800 today, follow by 750 as expected this weekend! Nice Move!
Now is a good opportunity to close out short positions. Their might be some downside left to come, but it's probably not worth the risk. Any short postition taken now is a play for a stock market catastrophy. Could be a good play, but there are probably better ways to short the stock market than shorting wheat. There are a lot of bullish fundamentals for wheat medium term after Friday's USDA report (big surprise on how low the combined acres were for the 'big three' crops).
I think people who short it aren't farmers.
Typically producers buy short contracts and consumers buy long contracts. This is how the farmer pre-sells their crop and a flour mill pre-buys their supplies. When a farmer goes long they don't buy long contracts, they just forego buying short contracts.
So, in general, it's more correct to say: the prople who go long aren't farmers
when a farmer pre sells they are shorting the market as they don't have the product yet. The buyer then writes a short contract to sell to the market paper trading
It's always difficult for people who aren't producers or consumers to understand commodity markets. A lot of BIG money was chasing an inflation hedge without hedging their long positions. It's somewhat amusing to see how emotional the "professional" funds are getting. Jeeze Louize; Investing 101: keep emotions out of the equation. These guys making the big bucks aren't worth the paper their daddy printed them on. Just like the central bankers.
Good for poor people of the world ,, short it more
Ya farmers will be the poor people now
farmers are always poor , all profits go to traders ,,
Bears getting over confident. Love it.
Flashbacks to 08. Doubt we will see double digits for a few years
China will continue to load up on wheat before they invade Taiwan. which they will.
war times are fading away sell as much as you can now lol
wow , how desperate are you mr.golden hoping china to invade taiwan , hehe , at this point i bet you even wish russia to nuke new york yea ?
I will sell if this goes down again tomorrow
2 months and WEAT will be doubled
$6 seems more likely
i wpuld bet on that maybe first a spike up to trap more buyers….
Don't see it spiking at the rate in which non-commercials are liquidating their positions.
Even the shorts can't believe commodities are getting hit this hard
selloff is affecting everything until mid term elections lol
chill mr.golden , you can store your grain till next 5 or 20 years , no need to worry , till then i'll just buy my wheat needs from another farmer , hehe
you hope. lol Naw I don't like seeing farming get hurt they work harder than anyone
prewar levels ya people are crazy. I refuse to sell and won't. must be much higher if it goes lower then all the more time to pull sales to starve the people
crappy goldenride unaware massive selloff just started…
exactly right
LOL...gd luck mr bull
Long awaited -10% day ?
or maybe 849$ gap calling ?
550 is farmee cost ,before the serious inflation and bad
Its up to you if better much money or more life lol
the poor can't take down the farmers they are way too smart and powerful.
better wait to celebrate strength in numbers always ruled lol
Dont think this will go under 600 ,550 is the fking farmer
Jumbo jumbo downside coming
Sell full margin
Will double by fall. BUY
come 800.......CHEERS!
Either jumbo upside or jumbo downside
buy the dip
So the next buy is at 550
OMG !~ jabi 550 is too bearish..even myself also dont think will down to 550, in fact i wish to see that price.. LOL
Haha...Accidental Dream....
Well, new week ahead . Lets see !
congratulation , might just ignore the uneducated haters comment as they still can't accept their failure , so to put their anger on loosing money to others by leaving childish commnet funny right. LOL..
Lawrence Lee You are without answer about next step? Are you Waiting for fall again or you are standable without direction? Because fakts around the word shows a talking about support time. Bulls are ready and I think you to. Change direction.
tomas look up, start taking profit close short in stages 30% 30% 40% even after position closed, i will not open new position to turn long, its a suicide move . the price will stay around 750-800.
Jumbo jumbo upside coming
Reflection: Lots of clear arguments in this forum. Reality: 1200 to 850 difficult to understand for someone who lost / ridiculously easy for someone who earned. Reality 2: Forum and its bulls and bears. We are people in the same boat, with the only difference being that one group buys and the other short, but forums are generally the planet of advice, not ridicule and insults. Think about it already. Reality 3 vs the situation: Apparently, like me, this communication also found out that there is absolutely no logical explanation, and not even an expert who would comment on the matter of a rapid collapse. Why? You realized how it is possible when many quality analysts are silent. Either it's because they're not well-founded or they know what I don't. Personally, I think that as soon as the wheat starts to grow, they will be like poppies again. Reality vs logic: 1, the price of wheat dropped to its March value, which it had before the war, interestingly, for the second time and
almost in the same time span. 2. All those who trade wheat do not know how and when to enter the market with certainty. Uncertainty reigns. Analysis is not helpful. The graphic foundations do not fit. 3, It is logically assumed that with sufficient wheat export from the UA and optimal cultivation and experts from 3 countries, there should be enough wheat even despite the war. 4, the facts published by other than American media differ a little from the reality that we can read on leading forums. 5, how many times were 90-100% confirmed forecasts predicting an optimal harvest.
If you read the DTN blogs it pretty clearly outlines the current down trend. Seasonally mid June price will turn; either it doesn't look like the crops will make it or it will. Most drought fears in producing areas have been sidelined as moisture ratings are up
Well, hit 850 as expected, wipe off those bullish nonsence story teller jockers and haters, next will be 800 and below congratulation for those who short at 1200, might start to take profit and close yourl long postion around 800-850 with handsome profit ! Cheers !
Until gap 805 never been so easy lol
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