Numlock News: June 29, 2022 • Pickleball, Blue Crabs, Elvis
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By Walt Hickey Bushels The price of wheat, which has been incredibly volatile since Russia invaded and blockaded major wheat exporter Ukraine, has begun to settle down a bit in the U.S. futures market. The price of a bushel of wheat was reliably around $8 in the months leading up to the invasion, but spiked to a record $12.94 per bushel on March 7. Since then there’s been a ton of volatility and for months the price remained stubbornly above $10 a bushel, but as of June 28 it’s back down to
Numlock News: June 29, 2022 • Pickleball, Blue Crabs, Elvis
Numlock News: June 29, 2022 • Pickleball…
Numlock News: June 29, 2022 • Pickleball, Blue Crabs, Elvis
By Walt Hickey Bushels The price of wheat, which has been incredibly volatile since Russia invaded and blockaded major wheat exporter Ukraine, has begun to settle down a bit in the U.S. futures market. The price of a bushel of wheat was reliably around $8 in the months leading up to the invasion, but spiked to a record $12.94 per bushel on March 7. Since then there’s been a ton of volatility and for months the price remained stubbornly above $10 a bushel, but as of June 28 it’s back down to