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Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets

Wheat Prices Are Falling as Global Supply Swells

This episode digs into why wheat futures have dropped over 3% in the past week, even as grocery prices remain stubbornly high. Lucas and Luna explore the mechanics of the 2025–2026 global wheat harvest glut, Russia and Ukraine's unexpected bumper crops, and why the disconnect between commodity markets and supermarket shelves matters for your budget. They reference live data from May 24, 2026, including a 3.1% weekly drop in Chicago soft red winter wheat and a 2.5% decline in corn. The conversation also touches on how the Iran negotiations and a strong dollar are adding pressure to…

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