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Wheat, corn and soybeans surged to their highest levels in about eight years, lifting global crop prices. Some analysts warned that a speculative bubble was forming after strong gains the prior week.
Broad grain rallies raise feed ingredient costs and fuel food inflation concerns, which may invite volatility and policy attention. Buyers should expect elevated and volatile prices.
bloomberg.comKim ChipmanApr 26, 2021
bnnbloomberg.caKim Chipman and Megan DurisinApr 26, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
