Wheat in the eye of the storm
After last week’s USDA report and the bearish response to corn and beans, the wheat market has largely traded sideways. There was some good news
After last week’s USDA report and the bearish response to corn and beans, the wheat market has largely traded sideways. There was some good news
Global trade and commerce are again being compromised by political instability. The Hamas-led atrocities on the 7th October inside Israel have precipitated a wider conflict
The US wheat market started the week closed for the observance of the Martin Luther King Memorial public holiday. It is probably just as well
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) released its December crop report late last year. Changes from the September estimates were
The wheat market has started the New Year as it finished it. International tenders are still being dominated by cheap Black Sea supplies and there’s
The Christmas and New Year break can often throw up significant volatility in international grain markets. The lack of liquidity with many participants on holidays
Someone forgot to feed the bulls. After a solid buying spree, China has stopped pick-ing up the phone. Having purchased 1.9mmt of US SRW wheat,
International wheat markets have been looking oversold for a while, and last week finally saw a price reversal. While the World Agricultural Supply and Demand
Wheat is doing something highly unusual. It is going up. Having withered on the vine for the best part of 12 months, wheat has finally
This year has been one of relatively consistent price declines for grain and oilseed markets. Coming out of a season where we reached record levels
Did Australian weather just move the market’s needle? After weeks of the market edging lower and lower (we hit multi-year lows earlier this week with
2023 Winter crop harvest has stalled with rainfall on the East Coast dampening progress. There is still plenty of grain and oilseed to still come
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