Stay updated with breaking news from Derrick Hermesch. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Wheat futures have rallied in the last month, gaining $1.50/bu (28%) in both the front month KC and Chicago wheat futures. In that same timeframe there have been corrective dips
Monthly Consumer Price Index numbers were released Wednesday. April CPI rose 0.3%, below estimates of 0.4%, with annual CPI at 3.4%, down from 3.5% last month. Core CPI (all items
Wheat futures were up across the board this week with a strong move that broke through several technical resistance levels.
Iran and Israel traded missile/drone fire in the last week, which could be the beginning of a more serious geopolitical issue with the effects reaching far beyond the Iron Dome,
The front month gold future contract reached $2,300/oz this week. A new all-time high and a gain of 11% since the start of the year.