The wheat market remains stubbornly bullish, as it has for weeks, despite the failure of futures prices to produce a substantial rally. Corn and soybean options are pointing to higher futures values, which seems more likely given WPI’s view of the fundamentals. Finally, sentiment in the cattle market is shifting to the bearish side after today’s pronounced weakness in futures values.  For background on the methodology used in this analysis, check out this article. Again, the goal of this weekly publication is to give you a quick view of how the market perceives price risk over the near term. We also include the previously published charts, so you can see how the risk has shifted week-to-week.  Here are this week&rsqu...