Wheat plays a vital role in feeding the world, with the 785 million tons grown in 2023-24 representing the globe’s largest cultivated food source. Given the huge variety of climatic conditions in which wheat is produced, and the vast spectrum of wheat classes, futures derivatives provide a vital mechanism for both buyers and sellers of different wheats to manage risk, and effectively manage regional price differences. Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
