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How do you rate wheat as as a commodity or a stock issue vs. corn at this point in time?omity stock?
It feels like corn stocks have run; but, what is a way to play wheat? Or would you avoid wheat as being overextend ?
2 Answers
- Jim ZLv 61 decade agoFavorite Answer
It comes down to the law of supply and demand. BOTH are in demand. Both are used globally, and with the demand for ethanol, made from corn or sugar, the prices continue to rise, and will continue to rise. The same goes with wheat. Wheat crops this winter in the southern part of the globe were battered. You buy any of these commodities thru futures, or ETF's There is an ETF DBA that covers all agricultural products and is bullish as are the other.