Spec Trade: Buy the March Chicago wheat at the market, current price is 833, with an 818 stop.
Wheat trading overnight had Chicago wheat challenging our support zone, with Kansas City wheat performing better overnight, not breaking into the 815-817 area we had projected for a corrective bottom.
French milling wheat is turning back up and set to post a new all-time high close, which could bring accelerating price movement again to the upside.