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Reddit / WSB-Sep 2, 04:39 PM
Reddit Trader Goes All-In on Wheat with $50K WEAT YOLO
A Reddit/WSB user disclosed a $50,000 'YOLO' position in WEAT, a wheat futures ETF. The trader cited agricultural supply concerns including oil, diesel, and fertilizer shortages as reasons for expecting wheat prices to rise.
Why it matters: The user noted prior success trading oil but considers it too manipulated, expressing confidence that wheat markets are harder to manipulate.