Wednesday, December 29, 2021

Barron's: Bad Winter Weather Could Send Wheat Prices Higher

By SIMON CONSTABLE

Poor winter weather conditions combined with already-low global inventories could send prices for wheat higher by up to 19%, experts say. War in Eastern Europe could catapult them further.

“Europe, Ukraine, and the U.S. face some very unfavorable weather that will really set off a supply shortage concern,” says Shawn Hackett, president of Hackett Financial Advisors. Read more here.

Photo by David Becker on Unsplash

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