Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
How Wheat Is Surging While Corn Stalls This July
Lucas and Luna unpack the surprising divergence in grain markets in July 2026. Wheat futures have jumped 3.5% in the past five days to $6.12 per bushel, while corn has stalled after a brief rally. The hosts dig into the specific drivers: a dry spell in the U.S. winter wheat belt, strong export demand from North Africa, and the lingering effects of last year's poor Australian harvest. They also examine why corn, despite strong ethanol demand and a supportive USDA report, isn't keeping pace — pointing to ample old-crop inventories and favorable weather in the Midwest. The episode…
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