July wheat was trading 5 3/4 cents higher late in the overnight session. Outside market forces look slightly positive this morning with a recovery in the US equity market and some strength in gold. Continue Reading…

July wheat was trading 1 3/4 cents higher late in the overnight session. Outside market forces look mixed to slightly positive today. Traders are not comfortable with the hot and dry forecast for southern Russia and Ukraine and there are also concerns for deteriorating crop conditions in western Kansas and less than ideal conditions for parts of eastern Europe. Continue Reading…

July wheat was trading 1 3/4 cents lower late in the overnight session. Outside market forces look negative today with a jump in the USD and weakness in metal and energy markets.
The market may be done following corn as a key indicator for direction as the market shifts away from a feedgrain back to a food grain for the coming season. Continue Reading…

July wheat was trading 9 cents higher late in the overnight session. Outside market forces look somewhat supportive with a bounce in equity markets. Short-covering emerged overnight with a slight recovery in outside market forces and crop deterioration helping to support. Continue Reading…

July wheat was trading 2 3/4 cents lower late in the overnight session and the market matched Friday’s contract low. Outside market forces look bearish again today with lower equity, energy and metals trade overnight and a bounce in the USD. Continue Reading…

Hedge funds and other large investors cut bullish bets on rising commodity prices by the most since November as risk-off sentiment in the wake of the Greek election eased the appetite for higher risk assets. Continue Reading…

July wheat was trading 4 1/2 cents lower late in the overnight session. Outside market forces look bearish again today with lower equity, energy and metals trade overnight. There were 89 deliveries this morning against the May wheat with the total for the month at 410. Continue Reading…

July wheat was trading 4 cents lower late in the overnight session. Outside market forces look negative again today with weakness in global equities, weakness in metal and energy markets and a firm USD. There were 170 deliveries this morning against the May wheat with the total for the month at 225. Continue Reading…

July wheat was trading 7 cents higher late in the overnight session. Outside market forces look negative today with weakness in global equities, weakness in metal and energy markets and a firm USD. There were no deliveries this morning against the May wheat with the total for the month at 55. Continue Reading…

July wheat was trading 3/4 of a cent lower late in the overnight session. Outside market forces look negative today with a sharp break in global equities, weakness in metal and energy markets and a firm USD. There were no deliveries this morning against the May wheat with the total for the month at 55. Continue Reading…