Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Wheat Is Outpacing Oil in a Cooling Economy
As oil prices slide, wheat futures have surged over eleven percent in five days. Lucas and Luna dig into the forces behind this divergence: a scorching summer in the Northern Hemisphere's breadbasket, a stronger dollar, and a market that's betting on supply stress rather than demand. They break down the numbers — from Kansas hard red winter to the Chicago soft red winter contract — and ask whether this is a weather blip or the start of a structural shift in food prices. With the Fed's Jackson Hole speech looming, they connect the dots between monetary policy and the cost of a…
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