Wheat: “Crazed Cash Market,” Many Grain Elevators Stop Issuing Bids as Futures and Cash …
“‘Prices are getting so high they just aren’t serving the physical markets,’ DTN Lead Analyst Todd Hultman said. Also on Friday, Bloomberg writers Kim Chipman and Michael Hirtzer reported that, “Wheat prices are diverging in some local markets, with the differential between cash prices and benchmark futures on the Chicago exchange plummeting as wheat buyers […]