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Wild wheat: What's behind the volatile markets?

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Manage episode 362550346 series 2720597
Content provided by aroundfarmprogress. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by aroundfarmprogress or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Tight global supplies have held up wheat prices since 2020 due to the surge of Chinese purchases, La Nina's influence on yields, Russia's invasion of Ukraine, and inflation. However, that price support is slipping.

On Tuesday, May 2, Chicago wheat prices dropped to a 25-month low. Then prices whipped back on Wednesday and Tuesday.

What's behind all the volatility? Is it Russia? Weather? Or something else entirely that farmers should keep an eye on?

Tune in as Jacqueline Holland explains the current fundamentals influencing the wheat complex, and where prices could be headed as U.S. farmers get closer to harvest.

  continue reading

163 episodes

Artwork
iconShare
 
Manage episode 362550346 series 2720597
Content provided by aroundfarmprogress. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by aroundfarmprogress or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Tight global supplies have held up wheat prices since 2020 due to the surge of Chinese purchases, La Nina's influence on yields, Russia's invasion of Ukraine, and inflation. However, that price support is slipping.

On Tuesday, May 2, Chicago wheat prices dropped to a 25-month low. Then prices whipped back on Wednesday and Tuesday.

What's behind all the volatility? Is it Russia? Weather? Or something else entirely that farmers should keep an eye on?

Tune in as Jacqueline Holland explains the current fundamentals influencing the wheat complex, and where prices could be headed as U.S. farmers get closer to harvest.

  continue reading

163 episodes

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