Wheat and Corn Spread at 25 Year Highs
There are prices we accept in life as absolutes. We accept that gold is more expensive than silver or that a Mercedes is more than a Chevrolet. Sometimes, things change.
Remember when diesel fuel was cheaper than gasoline? Not only is diesel more expensive, it has maintained its premium for more than ten years now. Recently, another market relationship has been
called into question – the relationship between corn and wheat.
Historically, wheat futures trade at a premium to corn futures. In fact, over the …