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The price of wheat, one of the commodities included in the US consumer price index, is almost at a 10-year-high level. What are the main drivers behind the increase and can the crop become even more expensive? | What is Wheat? The wheat plant has long slender leaves and stems that are hollow in most varieties. The inflorescences are composed of varying numbers of minute flowers, ranging from 20 to 100. The flowers are borne in groups of two to six in structures known as spikelets, which later serve to house the subsequent

MettaInsights: Wheat Commodity Market

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Wheat's price has more than doubled since 2017 🤓 
 
Many factors influence the essential agricultural commodity's market performance, including weather conditions, export tariffs, and state protectionism. 

Mettalex DEX is considering giving you the opportunity to hedge wheat derivatives 🙌

Learn more: https://mettalex.com/blog/mettainsights-wheat/

Wheat's price has more than doubled since 2017.