Inflated Wheat Prices?

Source: VantagePoint Intermarket Analysis Software
To see more FREE recent market predictions for grains go here!

  • The market moved down 52^2 cents.
  • 52^2 cents = $2,612.50 per contract (About 10 trading days)
  • When the blue line (forecast) crossed below the black line (actual), VantagePoint predicted the market to trend down. The Neural Index at 0.00 also indicated an expected down trend.
  • A Senate investigative committee has concluded that extreme speculation by commodity index investors has inflated the price of wheat and distorted trading in the wheat futures markets.
  • This has caused farmers, grain elevators, consumers and others to experience “unwarranted costs and price risks.”