Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Corn Is Losing Ground to Wheat in the 2026 Crop Cycle
Corn futures are treading water near $4.17 a bushel while wheat surges past $6.05, a 2.7 percent weekly gain. Lucas and Luna unpack the crop rotation dynamics behind the divergence: acres shifting from yellow corn to winter wheat, tightening global wheat stocks after weather setbacks in the Black Sea region, and the ethanol demand plateau that is capping corn's upside. They drill into the USDA's June acreage report preview and explain why the corn-wheat spread matters for food inflation, livestock feed costs, and the broader agricultural commodity basket. A clear, data-driven look…
The skinny
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