There are more than a few questions worth asking lately. One of the more intriguing ones is, “What’s up with wheat?”
Wheat prices have been on a rollercoaster ride so far in 2020, with two large swings up – and back down – since January. Farm Futures grain market analyst Jacquie Holland and I sat down to discuss what fundamentals are currently in play.
We also took a closer look at two factors that are moving the needle on corn prices right now. Planting progress has been speedy nationwide, but there are a few trouble spots worth exploring. And ethanol production is gaining some momentum, but will it be enough to create rally opportunities later this spring?
Listen to the latest Midweek Markets podcast for May 20, 2020.