Is Wheat Setting a Trap For Producers?

Wheat finally shows up on the scoreboard — but the bigger question is whether today’s “small move” is the start of something larger. In this episode of Boots & Bushels, we break down the close in corn, soybeans, Chicago wheat, cattle, hogs, and WTI crude, then connect the dots with South America weather, export demand signals, and what could flip this market from “range-bound” to “runaway.”

Keywords: farm markets, grain markets, corn futures, soybean futures, wheat futures, Chicago SRW wheat, CBOT wheat, cattle futures, feeder cattle, lean hogs, crude oil WTI, ag weather, Brazil harvest, Argentina rain, USDA, grain marketing, farmers, producers, commodity markets