Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Wheat Is Surging While Corn Stalls
Episode 59 of The Commodities Economy dives into the striking divergence between wheat and corn markets in June 2026. With wheat futures up 4% in a week to $6.13 per bushel while corn barely budges at $4.17, Lucas and Luna explore the fundamentals behind the split: a tightening global wheat supply due to drought in key exporting regions, robust demand from price-sensitive importers, and a surprisingly resilient dollar that usually caps grain rallies. They contrast this with corn's comfortable carry-in from last year's bumper harvest and tepid export demand. Along the way, they…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.