Why the Collapse of the Grain Deal Matters
Teucrium’s Hanley explains the significance of the Ukraine-Russia grain deal collapse.
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How significant is the collapse of the Ukraine-Russia grain deal, and what does it mean for grain prices? On the surface, the end of the deal is a bullish event. That’s why it’s a bit odd that wheat and corn prices are trading near recent lows.
etf.com's Senior Analyst Sumit Roy sits down with Jake Hanley, managing director and senior portfolio manager at Teucrium, to discuss this dichotomy. Teucrium is the issuer of several agriculture-related ETFs, including those tied to corn, wheat and soybeans. That makes Hanley the perfect guest to help break down the latest developments in the grain markets.
