by Brian Schad | Jun 10, 2014 | Grain Markets, Wheat Futures
Speculators have pushed wheat futures to more than three-month lows on the outlook tomorrow’s USDA Crop Production report will suggest world wheat supply outpacing demand. Wheat futures are currently trading .11c lower than yesterday’s close, current at $6.01 per...
by Brian Schad | May 28, 2014 | Grain Markets, Wheat Futures
Wheat futures may be finding much needed support as the tropical storm phenomena “El Nino” is looming for Australia’s wheat fields. The country “down under” is standing-by for a drier winter in the wheat growing regions in the east & south....
by Brian Schad | May 14, 2014 | Wheat Futures
Wheat futures extended their losses from late last week as the consensus of sufficient global supplies gains momentum. Wheat futures are down .20c today extending the biggest slump in wheat prices in nearly five months. The USDA estimates global wheat...
by Brian Schad | Apr 30, 2014 | Grain Markets, Wheat Futures
Wheat futures continue to extend their gains on the outlook of improved growing conditions from Europe to Australia won’t be enough to compensate for deteriorating crops in the US. The United States continues to be the world’s biggest exporter of wheat. Wheat...
by Brian Schad | Apr 17, 2014 | Wheat Futures
Yesterday’s abrupt “about-face” in wheat futures has been halted as the wheat market finds support today and re-tests the highs. Wheat futures are up over .07 cents (as of this writing) in Chicago. One of the two potential problems we’re facing with...
by Brian Schad | Apr 3, 2014 | Wheat Futures
Wheat futures have responded to favorable precipitation forecasts by dropping in price the most in five weeks today and yesterday. Rainfall is expected from Australia to here in the US with the outlook of easing drought conditions. Wheat futures fell 2.3% in Chicago...
Recent Comments