A Warmer-Than-Expected Summer Could Push Wheat Prices Higher
March 20, 2023 at 09:29 AM EDT
Wheat prices could stay elevated through the summer if climatic forecasts of hotter, dryer weather persist. With inflation sticking around longer than expected, this presents an ideal hedging opportunity. Additionally, the Russia-Ukraine conflict remains a catalyst for spurring the price of wheat higher. With global central banks wrestling with monetary policy, the overall expectation is [...] The post A Warmer-Than-Expected Summer Could Push Wheat Prices Higher appeared first on ETF Trends .