Analysis

Supply issues for wheat market

By Malcolm Bartholomaeus
November 6 2021 - 10:00am
Supply issues for wheat market
Supply issues for wheat market

Chicago Board of Trade wheat futures have just had their fifth monthly gain in a row. That is the longest rally in wheat futures since 2007. While wheat stocks are not as tight as in the 2007/08 period, it illustrates that there is a fundamental supply issue in the wheat market right now.

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