Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Wheat and Corn Are Rallying While Everything Else Cools
In this episode of The Commodities Economy, Lucas and Luna dig into the unexpected surge in wheat and corn prices during a week when oil, gold, and most metals are flat or falling. Wheat is up 7.6 percent and corn over 10 percent in five days, while the broader commodities complex barely moves. What's driving this grain rally? Lucas breaks down the weather stress in key growing regions, the tightening global stockpiles, and why the market is paying attention to the US corn crop conditions. They also discuss how grain markets are becoming more sensitive to supply shocks after the pandemic…
The skinny
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