By SIMON CONSTABLE
As if the Russia-Ukraine war wasn’t enough to raise wheat prices, unusually unfavorable weather conditions—plus dwindling Russian wheat inventories—look set to lift them higher.
Shawn Hackett of the Hackett Money Flow Commodity Report says foul weather could add at least $2 to wheat prices, which recently fetched $5.26 a bushel. Read more here.
Miscellaneous Items in High Demand, PPOC, Library of Congress, Public domain, via Wikimedia Commons
No comments:
Post a Comment