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El Nino Drought in South Africa Bringing Record Grain Imports

by Brian Schad | Feb 4, 2016 | Corn Futures, Grain Futures, Grain Markets, Wheat Futures

Grain markets are reacting to one the worst droughts on record in South Africa causing a reported 25% slump in corn and wheat grain output this year. Grain futures – both corn & wheat – are both trading down today at the Chicago Board of Trade. The...

Egypt Clamping Down on Grain Deliveries Puts Pressure on Wheat Futures

by Brian Schad | Feb 2, 2016 | Grain Futures, Grain Markets, Wheat Futures

Wheat futures did an about-face downward today after it was revealed the country of Egypt – the world’s top wheat importer – is refusing grain shipments with a “zero-tolerance” policy over a fungal residue that causes hallucinations if ingested in...

Wheat Futures Higher as Brazil Realizes Quality Concerns

by Brian Schad | Jan 12, 2016 | Grain Futures, Grain Markets, Wheat Futures

Wheat futures traders have more data to take in as it is reported the wheat market in Brazil has practically come to a stop in some places due to the poor quality of their domestic crop. Wheat futures are up .10 cents today, currently trading at $4.79 per bushel at...

Wheat Futures Extend Gains Off Disappointing Start

by Brian Schad | Oct 27, 2015 | Grain Futures, Grain Markets, Wheat Futures

Wheat futures saw higher prices as the news of the domestic wheat crop is making a far worst-than-expected start than was thought due to dryness. Wheat futures extended gains from yesterday before closing a cent-and-a-half lower near $5.075 at the Chicago Board of...

Wheat Futures Off Lows as UK Sees Record Yields

by Brian Schad | Oct 21, 2015 | Grain Futures, Grain Markets, Wheat Futures

Wheat futures are up for a second day in a row after falling .45 cents from their highs earlier this month as the United Kingdom is realizing record wheat yields, however smaller than “hoped.” Wheat futures are up .06 cents today currently trading near $4.97 per...

Hard-Red Winter Wheat Futures Led Wheat Rally Yesterday

by Brian Schad | Oct 7, 2015 | Grain Complex, Grain Futures, Wheat Futures

Hard-red winter wheat futures led the wheat rally yesterday as data reflects the slower than usual pace of domestic plantings for this particular variety, adding to global weather woes and sending the whole complex higher. Hard-red wheat futures are down .07 cents...
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