Rumors that the PRC was pricing Chicago soft wheat yesterday for import helped to spark a short covering rally along with thoughts that the window for repairing a portion of the TX and Continue Reading…
Posts Tagged ‘Wheat’Wheat Market Analysis
Posted May 24 2013
Wheat Market Analysis
Posted May 23 2013
Macro-market sentiment soured overnight after poor PMI data out of the Euro-zone and China. Continue Reading… Wheat Market Analysis
Posted May 22 2013
Chicago wheat continues to underperform in the “broader” wheat market as supply looks robust. Continue Reading… Above-average winter rain forecast for the east-coast grain belt…
Posted May 21 2013
CBOT wheat (Jul 13) fell heavily in Asian trade yesterday, pressured by better-than-expected US planting progress last week, Continue Reading… Cross Asset Strategy
Posted May 21 2013
With macroeconomic data on balance broadly in line with expectations (eurozone slightly weaker, US slightly better), Continue Reading… Wheat Market Analysis
Posted May 21 2013
International and US weather patterns point negative for price direction in the US and in the European wheat futures market. Continue Reading… US corn planting surges to 71% complete…
Posted May 20 2013
CBOT wheat (Jul 13) recovered losses to close 2 cents firmer at USc685.25/bu, although prices were A$1-2 lower in AUD terms. Continue Reading… Wheat Market Analysis
Posted May 20 2013
Wheat futures traded lower for most of the session Friday and the Chicago July contract made a new low for the move against July corn. Continue Reading… CFTC: Hedge funds hold record short in gold
Posted May 20 2013
Hedge funds increased their overall exposure to rising commodity prices by just 8,000 contracts during the week ending May 14. Continue Reading… Offshore commodity markets mixed
Posted May 20 2013
CBOT wheat (Jul 13) fell 4 ½ cents (0.7%) to USc683.25/bu although prices were slightly firmer in AUD terms. Continue Reading… |