Wheat Pukes and Profits to Start 2022
Grain markets started the first week of 2022 with traders holding each other’s hair up while puking their positions and taking some healthy profits. However, the week ended with more buying and except for the wheat com…
Read More
When to Price 2022 New Crop Wheat?
Grain markets saw a sell-off that was largely attributed to profit-taking throughout the last week of 2021 on some bearish headlines. Rain falling in parts of Brazil and Argentina that needed it, the de-escalation of the…
Read More
Checking for Tailwinds in Wheat
Grain markets pushed higher in the shortened-trading week leading into Christmas (markets were closed on Friday, December 24), as weather fears drove any bearish pressure to the sidelines. Corn and soybeans led the compl…
Read More
Wheat Winds Down Into the Holidays
Leading into the last week of trading before the Christmas holidays, North American wheat markets saw a slight rally, before selling off a bit at the week’s end. As traders and speculators get focused on wrapping and u…
Read More
With More Supply, Who Will Buy the Price Dip?
Grain markets continued to see selling through the second week of December as speculators took some profits off the table, thanks to a slightly bearish WASDE report published by the USDA. Larger supplies in Russia, Canad…
Read More
Sitting on the Fence
Grain markets saw a sell-off to start the month of December as the complex climbed a bit to start the week before profit-taking took hold. Specific to the wheat complex, most of the focus was on government reporting, not…
Read More