by Brian Schad | Sep 30, 2015 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures have rebounded from negative territory after the USDA reported the current harvest and inventories of the grain rose less than analysts predicted. Wheat futures are up more than .07 cents today currently trading at $5.11 per bushel at the Chicago Board...
by Brian Schad | Sep 2, 2015 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures may have a new situation to deal with in the foreseeable future – poor quality as well as quantity of the soft-red winter wheat variety said to be of the poorest rated going back more than 20 years. Wheat futures are trading lower by .07 today,...
by Brian Schad | Aug 13, 2015 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures will have to assess the damage done to South American crops affected by the reportedly worst El Nino to strike the continent in 30 years. Wheat futures ended the day up .11 cents to close just above $5.03 per bushel at the Chicago Board of Trade. This...
by Brian Schad | Aug 6, 2015 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures have rallied just over .20 cents from Monday’s monthly lows, but that’s peanuts compared to the unexpected $1.27 drop in wheat prices from the June 30th high. Wheat futures are up a nickel currently trading at $5.07 per bushel at the Chicago Board of...
by Brian Schad | Jul 2, 2015 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures have stalled after reaching six-month highs following Tuesday’s major USDA crop progress report and the concern over the pace of the harvest. Wheat futures today are down one cent (as of this writing) currently trading at $5.875 per bushel – off...
by Brian Schad | Jun 24, 2015 | Corn Futures, Grain Futures, Grain Markets, Wheat Futures
Both corn futures and wheat futures have extended their gains from Monday’s & Tuesday’s sharp rallies on the outlook of crop conditions in the Midwest. Corn futures are making new highs currently trading at $3.8425 per bushel, and wheat futures are near their...
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