CME Group is a leading derivatives marketplace. The exchanges it operates exist to help manage risk. That’s certainly true of commodities markets including wheat.
So technically CME Group isn’t a ‘wheat stock’ per se. But given its role in the wheat market, it makes sense to at least consider it.
Moreover, in a world where inflation rates have reached 7.9%, CME becomes doubly attractive. Its stock will rise if the company can effectively navigate these tumultuous times.
Black Sea Wheat and Australian Wheat are becoming much more influential market movers than in the past. CME stock could move as those particular markets swing into prominence.
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