Macquarie's Bos Says Wheat Price Surge a `Panic Rally'

326 views · Published 23 March 2012 · 3:14 · Indexed 29 September 2026

Channel: Bloomberg Originals · 2012 · Entertainment

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Aug 3 (Bloomberg) -- Alexander Bos, a commodity analyst at Macquarie Bank Ltd., talks about the outlook for wheat prices amid Russia's worst drought in at least 50 years.
     Wheat jumped to a 22-month high in Chicago trading yesterday, extending a 38 percent advance in July that was the biggest since 1973. Bos speaks with Andrea Catherwood on Bloomberg Television's "The Pulse."

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