Wheat futures prices the correlation between wheat futures

The correlation between wheat futures prices and crude oil has ticked higher in recent months, partly due to freight and transport costs. This inter-market relationship is influencing hedging strategies. Dollar Shave Club is a popular name in the shave-club game. Its appeal and shave products lean more toward men's care, but anyone who wants to shave their legs, their face or anything else can get some bang for their buck with this club. Before the report, market participants expected 56% of the spring wheat crop would be good-to-excellent. Wheat futures prices are attracting renewed interest from crossover investors as inflation-hedging plays expand beyond metals and into agricultural commodities, lifting open interest by 5%.