ASX wheat holding on in the face of falling SRW
The weakness shown in international wheat prices recently has been well documented. The delivery of a good winter wheat harvest in the USA will always
The weakness shown in international wheat prices recently has been well documented. The delivery of a good winter wheat harvest in the USA will always
Are we seeing seasonal lows? The wheat market has been under intense pressure in recent weeks as the Northern Hemisphere harvest, technical selling and recent
Our look at the World Agricultural Supply and Demand Estimates (WASDE) report last week showed that despite close-to-record wheat production, the stocks-to-use ratio remained close
The wheat market was hit with two sets of bearish data this week. Firstly, the USDA increased global wheat production by a substantial 5.0mmt, with
The United States Department of Agriculture (USDA) released its World Agricultural Supply and Demand Estimates (WASDE) late last week with increasing supplies of wheat and
The wheat market has resumed its strong bearish theme this week as harvest pres-sure, improving US crop conditions and technical selling all combined to push
About a month ago we looked at the canola ‘wild ride’ and how it was continuing to that point. Since then the rollercoaster has continued,
The market appears to be uncertain which direction to move. Early harvest results are mixed creating some uncertainty, but the arrival of new crop into
Long-time readers will know how we like to look at price spreads as a pointer to buying or selling opportunities. Recent fluctuations in international wheat
Having fallen sharply for the month of June, the wheat market enjoyed something of a bounce last night. Having hit seasonal lows, the price seemed
General grain hedging theory has historically held that you shouldn’t be selling into rising wheat futures in May or June. When prices are rising as
It is a ‘cut and paste’ type of report this week. The wheat market continues to be dragged lower by abundant old crop supplies and
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