The grains are in a bull market. There is nothing better than catching a bull run in the grains. Here are a few examples from last year.
I am convinced wheat has started its bull run. My first wheat trade last year, I got stopped out only to watch it turn higher right after hitting my stop.
My second trade last year did the same thing.
I think wheat is on its long road to $8.00. Unfortunately for me, my trading plan will not allow me to go long wheat unless it trades at or below the 6.2 level. With a weekly closing at a 52 week high, it may never look back.