Consider buying a call option on May Chicago wheat futures.
See on the daily bar chart for May Chicago soft red winter wheat futures that prices have been hammered lower recently. The market is now well overdone on the downside and due for at least a corrective bounce very soon. See at the bottom of the chart that the Relative Strength Index (RSI) is well into oversold territory, which is below 30.00. Consider buying a call option on May Chicago wheat futures, with an upside price objective of $8.50, or above. The option expires in late-April.
