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WHEAT FUTURES PLUNGE TO NEW 10-YEAR LOWS

NEGOTIATOR’S TAKE:  Wheat prices at 10-year lows are exerting downward pricing pressure on bakery products and animal feed.   Wheat futures plunged to fresh ten-year lows, on heavy world supplies and the stronger dollar. “We continue to see a large

WORST WHEAT PRICES IN A DECADE

NEGOTIATOR’S TAKE: Wheat prices (like Corn) are falling rapidly adding more downward pressure to food prices |   07.06.16 – In free fall – Wheat prices are in free fall, hitting the lowest levels on international futures exchanges in a

Wheat under threat: US drought, Russia and El Nino

The wheat contract for July delivery rose as much as 1.2 percent to $6.825 a bushel on the Chicago Board of Trade, the biggest intraday increase since May 6, and was at $6.81 on Tuesday in Singapore. Prices rose less

Wheat prices under heavy pressure

US grain futures declined on Tuesday, with wheat futures for March delivery falling 0.3 percent to $6.1975 a bushel. Earlier, the price touched $6.1875, the lowest for a most-active contract since June 2012, amid forecasts for record-high global output. Wheat

Wheat faces a bearish summer 2013

Inventories of all wheat varieties as of June 1, 2014, will total 659 million bushels, the U.S. Department of Agriculture said today in a report. That’s more than the 655 million projected by analysts in a Bloomberg survey and less

A record wheat production expected in 2013

After falling 5.74% between the 2011/12 and the 2012/13 season to 656 Mt according to the International Grain Council, the world wheat production should bounce back. In 2013/14, the harvested areas should be at their highest level in four years,

Wheat: American soils victims of the consequences of drought

Despite the rain from November to January, the American cultures should still undergo a major water deficit in 2013. The drought of 2012, the worst in the last fifty years, has resulted in the soil drying out which is difficult for

Wheat production 2013-2014

The International Grains Council (IGC) presented at the end of last week its first forecast for wheat production for 2013~2014 as part of his Grain Market Report. It forecasts a global harvest of 682.2 million tons, up 4%, or 26

Wheat: Global production forecast down

In its report published on November 29th, Grain Market Report, the International Grains Council (IGC) forecasted a wheat production of 654 million tonnes for 2012-2013 against 695 million for the previous season. In July, the estimate for wheat production was 665

Soy, Wheat Fall as U.S. Forecasts Ease Supply Concerns

Soybeans tumbled to a four-month low and wheat fell the most in a month after the U.S. raised its estimates for crop inventory including corn, easing concern over tight supplies following the worst drought since 1956. Soybean futures for January