Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Corn and Wheat Are Rising While Soybeans Fall
In this episode of The Commodities Economy, Lucas and Luna break down the surprising divergence in grain markets: corn and wheat surging while soybeans tumble. With corn up 4.7% and wheat up 3.3% over the past week, but soybeans down 1.2%, the hosts examine the geopolitical and weather factors driving the split. Lucas explains how the latest Iran tensions are adding a risk premium to wheat via Black Sea concerns, while strong U.S. corn export demand and ethanol blending mandates support corn. Meanwhile, soybeans are pressured by a record Brazilian harvest and weak Chinese demand. They also…
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