Wheat Bulls, Weather Firmly in Driver’s Seat
Grain markets climbed higher in the second week of May as Plant 2022 delays and a bullish WASDE report from the USDA helped push both old and new crop values higher. While wheat was the crop most supported by this monthâ…
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Wheat Adds More Weather Premium
Grain markets were mixed to start the month of May, but wheat was the clear leader as supply concerns continue to drive a bullish narrative. Corn and soybean prices pulled back on the prospect of drier weather and Plant …
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A First Look at Canada’s Plant 2022
Wheat markets saw a significant sell-off on Friday due to healthy moisture in the Dakotas and a freshly proposed Ukraine aid bill from the Biden administration that included a $10/acre incentive for U.S. farmers to plant…
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More Focused on Plant 2022
Grain markets tossed and turned after the Easter holiday weekend with a mixed result, as the market is starting to put more focus on the Plant 2022 campaign and potential supply scenarios. Larger expected wheat crops in …
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Adding to Wheat Risk Premiums
Grain markets were mixed over the 4 days of trading prior to the Easter long weekend. Wheat and corn led things higher, while oilseeds pulled back. Corn gained thanks to some big U.S. export sales to China, while more ri…
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Wheat Rebounds on Terrible U.S. Winter Wheat
One week after the USDA acreage and stocks reports put a bearish mood on grain markets, the bulls re-emerged this past week, recouping the losses seen in the last week of March, and then some. Leading the way was the whe…
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