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Jim Wyckoff

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Bull run in grain markets alive and well

April 18, 2022 by Jim Wyckoff

The bull market run in grain futures rolls on, with corn futures this week setting a new contract and 10-year high, and pushing just above $8.00 a bushel. Soybean prices are also elevated and wheat futures prices have restarted uptrends on the daily charts. War in the European breadbasket of Ukraine and inflation worries continue to push the grain futures markets higher. Look for grain futures prices to remain elevated, historically, for quite some time to come. New record highs cannot be ruled out. Stay tuned! —Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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