Grains: Why Does Wheat Bring Vodka to Mind?

Thursday saw the March-May Kansas City (HRW) wheat futures spread close at an inverse/backwardation of 1.0 cent.As I’ve said in the past, when it comes to a storable commodity, an inverse/backwardation is always bullish.However, there is also something…

Barclays branches in Bluewater and Gravesend to close

Two Barclays banks, less than seven miles away from one another, are set to close. The branches at Bluewater Shopping Centre and the other in Gravesend are due to shut in a few months after it was found that almost 100% of customers use the Barclays ap…