Skip to main contentSkip to main content
You have permission to edit this article.
Edit

Wheat

“Wheat is wheat,” Steve Freed, with ADM Investor Services, said. “Futures ended higher on concern over Black Sea exports. Volatility continues after US Fed raised rate 75 basis points. Fed Chairman pledged to increase rates until Inflation is down to 2%. This could drop domestic, global demand and push USD higher.”

“The Rosario exchange lowered their estimate of Argentina’s wheat crop 1.2 mmt, to 16.5 mmt due to their drought. The USDA estimate is 19 mmt,” Jim Warren, with CHS Hedging, said. “News reports that 1.6 mmt of wheat was damaged by the recent heavy rains in Pakistan. A delegation from Taiwan signed a letter of intent with Idaho to buy $576 mln of U.S. wheat.”

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Related to this story

Most Popular

“The wheat market traded higher on concerns over the Ukraine/Russian conflict,” Ami Heesch, with CHS Hedging, said. “Moscow makes plans to ann…

A number of factors worked against wheat markets to begin the week. “The wheat market was under pressure from significant strength in the US d…

The Russia situation and Putin throwing out blackmail nuclear talk has the market jittered, according to The Hightower Report.

“Wheat futures ended lower. Financial markets are back trading fear of higher interest rates, recession and lower demand for raw materials,” A…

Wheat markets remain strong “as global tensions remain high,” CHS Hedging said. “Winter wheat planting in Ukraine remains extremely difficult …

All three wheat classes are trading higher this morning with KC wheat not far from its highest prices in three months. However wheat is volati…

All three classes of wheat are trading lower today and wheat “remains volatile as global tensions remain high,” Patti Uhrich of CHS Hedging sa…

A strong U.S. dollar and weakness in the stock market plus talk of continued weak demand for U.S. wheat helped to pressure wheat prices lower.…

Support still comes from supply concerns tied to the Ukraine-Russia war and dry and hot weather seen once again in the western US Great Plains…

Wheat is trading higher in all three classes this morning, CHS Hedging said, as global tensions stay high. That should keep the market volatil…

Recently Listed

Find the equipment you're looking for

Get up-to-the-minute news sent straight to your device.

Topics

Breaking News