I think for now we need to focus on looking for another move up into next week, and expecting that the market will stall for 4-5 weeks into harvest lows. Around mid-June, look to start establishing long positions in wheat for the long haul. We're also nearing the time frame of when we like to buy call options in corn and beans for a potential weather market. This could also serve be our long position in wheat instead of buying futures during the month of June. This publication is strictly the opinion of its writer and is intended solely for informative purposes and is not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or trade in any commodities or securities herein named.
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