Global wheat stocks have been dwindling due to a worse than expected Indian crop and an “off” Ukranian crop, according to Jim Bower of Bower Trading on Market Rally Radio.
There’s still a lot of competition between the U.S. and Russia, but Bower says to keep alert if they start having internal problems, such as tense Russian/Ukranian relations.
Listen to Bower and Market Rally host Chip Flory discuss wheat markets on Market Rally above.
