Saturday, May 21, 2022

Barron's: An Epic Wheat Rally Could Soon End. Here’s How to Play It.

By SIMON CONSTABLE

The scorching-hot wheat market looks set for a cool-down. A combination of drought, war, and a wheat export ban in India has sent prices for the grain sky high. But they might now be reaching the end of what has been an epic rally, experts say.

“The market is so overbought right now,” says Jim Roemer, agricultural expert and author of the Weather Wealth newsletter. “The market squeeze should begin to end in June or July.” Read more here.

Photo by David von Diemar on Unsplash


 

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