Why Wheat is the World's Most Exciting Market Right Now
Podcast |
Odd Lots
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
Investing
News
News Commentary
Publication Date |
Jul 17, 2017
Episode Duration |
00:30:36

Financial markets around the world are stuck in a long period of low volatility and boredom. But one pocket is seeing some wild action -- grains. Spring wheat (a form of high-protein wheat grown in the northern Midwest) has been on a tear, alongside action in soy and corn. What explains the whipsaw? Joe and Tracy speak with Tommy Grisafi, a longtime trader who works as a risk manager at Advance Trading, a firm that helps farmers take advantage of financial markets. Grisafi walks us through the history of the market, how technology is dramatically changing things and why things have suddenly gotten so darn volatile.

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