Wheat (ZW) — May 12 WASDE binary event risk 2 days away creating mandatory conviction…

Mixed to cautiously bullish on U.S. Plains drought damage supporting prices with wheat rallying to two-year highs in late April yet skeptical about sustainability above 620 given recent 6% pullback on rainfall forecasts and global oversupply fundamentals with market awaiting May 12 WASDE clarity

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Wheat (ZW) — May 12 WASDE binary event risk 2 days away creating mandatory conviction…