Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Wheat and Corn Are Defying the Commodity Selloff
In late August 2026, wheat and corn futures are surging while oil and copper stall. This week, wheat is up 3.7 percent, corn up 8.1 percent, and cotton up 5.4 percent — while copper is down 1.8 percent. Lucas and Luna dig into the weather, the funds, and China's demand to explain why the grain complex is the surprise winner. They talk about how a cooler CPI hasn't cooled the wheat market, why corn's rally is tied to ethanol and the new refinery rules, and what the recent USDA numbers reveal about stockpiles. If you've been watching oil and gold, this is the story…
The skinny
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