Is Wheat The New Meme Stock? Followup
Special Crops Technical Analysis
The NY Times recently published an article discussing how retail investors contributed to last month’s move in Chicago wheat.
A Market Mystery: The ‘Wheat Whale’ That Came Out of Nowhere
Who was behind the surge of trading in wheat futures last month? Some point to a group of Reddit users who mobbed an E.T.F. offering exposure to the wheat market.
https://www.nytimes.com/2022/04/08/business/wheat-market-russia-ukraine-reddit.html
We brought this thesis to the reader’s attention in our free March 3rd Grain Report publication below:
Followed up with these tweets:
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