Waiting on Wheat, Chasing Cattle, and the Corn Conundrum
- Ryan Tungseth
- Apr 24
- 1 min read
The markets are moving—but not in sync. This week’s Hedge Heads Insider digs into the strange signals coming out of wheat, corn, and cattle, and why patience might be your best strategy this spring.
Market Breakdown
📉 Wheat: Grinding Lower, Opportunity Ahead?
Wheat's short-term outlook looks bleak, with rains in Kansas and the Ohio Valley weighing on prices. But with no major bullish news and a market that’s slowly bleeding lower, a bottom may be forming. John’s watching the corn-wheat spread closely and likes the setup for Minneapolis calls—if you're patient.