Wheat Market Outlook - January 27, 2025 episode artwork

EPISODE · Jan 30, 2025 · 15 MIN

Wheat Market Outlook - January 27, 2025

from Wheat Market Outlook · host Sask Wheat

According to Mercantile, wheat demand remains sluggish, and wheat continues to have little independent strength. Strong corn markets are propping up wheat values, the premium wheat holds over corn is narrow in both the futures and cash markets. Mercantile says the spread between the fund’s short in wheat and long position in corn is a record and could provide an opportunity should the funds decide to rebalance. In Mercantile’s opinion, U.S. wheat is expensive compared to most other origins but is cheap compared to corn.

Episode metadata supplied by the publisher feed · Published Jan 30, 2025

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Wheat Market Outlook - January 27, 2025

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