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Wheat market influences include:
U.S. and world wheat supplies,
Use, planted acres and condition,
Value of the U.S. dollar against other currencies. and
Market fund investments in the wheat futures markets.
I’ve just finished a meeting where a producer asked, “Kim, I read yesterday that wheat prices will go above $6.00 this spring. What do you think?”
I had read the same thing a few days earlier, and replied, “Possib...
Argentine and Australian wheat harvest is next bellwether for wheat price
U.S. spring crop next exportable wheat after Argentina and Australia complete harvest
Little price movement expected before 2016
An increase in wheat price up to 50 cents could happen within the next few weeks. If you’re talking about 50 cents to a $1 increase, you will probably have to wait until something happens to lower 2016 U.S. and...
World wheat consumption was 26 billion bushels in 2014/15, and is projected to be 26.3 billion bushels in 2015/16. This implies that 2016/17 wheat marketing year production must be below 26 billion bushels for stocks...