Wheat Watches U.S. Weather, Black Sea Risk
Ahead of the February long weekend, the wheat complex surged higher towards the end of the week, but on Friday, at the end of the trading session, wheat markets pulled back thanks to some heavy profit-taking in Chicago S…
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China-Russia Wheat Trade Impact on Canada
Grain futures ended the second week of February in the green as renewed and increasing speculation over a Russian invasion into Ukraine, as well as continuous lower production estimates in South America, helped fuel a lo…
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China Opens up Wheat Trade with Russia
Grain markets flip-flopped their way into February as South American production concerns supported oilseeds, and despite some buying on Friday, weakening geopolitical risk pressured the bullish participants of corn and w…
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Russia Moving Wheat Markets for Wrong Reasons
Grain markets found some legs again near the finish of January, thanks to ongoing tensions between Ukraine-Russia, worsening drought in the U.S. Southern Plains, and harvest reductions in South America. In Brazil, thereâ…
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Wheat’s First Plant and Harvest 2022 Estimates
Grain markets found some buyers in the third week of January on the back of strong U.S. export sales, heightened geopolitical risk in Eastern Europe, lower production estimates in South America (which helped corn and soy…
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Have Wheat’s Highs Come and Gone?
Grain markets continued to see more technical selling as investors continued to exit their long positions, thanks to no major bullish narratives appearing in this past week’s USDA monthly supply and demand report. Most…
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