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Surveillance: US Oil Reserves

Bloomberg Surveillance

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Wheat Prices Are Flashing Red

Gartman Lutter: I think grain prices want to go a great good deal higher, especially hard red winter wheat and soft red winter wheat. He says the middle west agriculture is normal weather kind of drought stuff; not high prices based on what a gallon of gas or diesel fuel costs. But he thinks that over the course of the next six months of the year, wheat prices will go a lot higher.

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