# Charts suggest corn and wheat futures could continue to rise due to Russia-Ukraine war, Cramer says

> CNBC's Jim Cramer said chart analysis by Carley Garner suggests corn and wheat futures could keep rising because of Russia's invasion of Ukraine. Wheat is trading at its highest level since 2008. Cramer noted that Russia and Ukraine account for about a third of world wheat production.

- Date: 2022-03-22 · published 2022-03-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6246-charts-suggest-corn-and-wheat-futures-could-continue-to-rise-due-to-russia
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Technical commentary on higher prices reflects existing war-driven supply concerns, but it adds no new supply information to the price outlook.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2022/03/22/charts-suggest-corn-and-wheat-futures-could-continue-to-rise-due-to-russia-ukraine-war-cramer-says.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.