Absent fundamental explanations as well as economic factors to account for the current level of wheat prices leaves standing the most central of all assessments — that the market itself is never wrong.
For grain-based foods, it is necessary to look no further than America’s shrinking position in wheat and wheat flour exporting to grasp why steps are needed to reverse America’s exporting.
Perhaps the time will come when the success of a business is gauged not just by its ability to produce excellent products at minimal costs, but also by the way it has built relationships and expanded its revenue base by offering exciting new services.