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What’s next for wheat after surge — #SaxoStrats
Saxo Bank’s head of commodity strategy Ole Hansen digests the first strong challenge to crop conditions in the US and Canada in half a decade.
Wheat has experienced spikes higher recently, he explains, with CBOT wheat up 20% in the past few weeks.
Hansen also discusses why US wheat prices are becoming uncompetitive with other countries, especially from Europe.
02:03 minutes
Tags: crops, home.saxo, ole hansen commodities, saxotrader, saxotradergo, tradingfloor.com, wheat production
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