Tag: wheat prices
Wheat Climbs to Highest Price Since June as Black Sea Tensions Rise; Transportation Variables in Focus Oct 11, 2022
Bloomberg writers Kim Chipman and Megan Durisin reported yesterday that, “Wheat closed at the highest price since June as traders considered a worsening Russia-Ukraine war against lackluster US grain demand. “The futures […]
Wheat Market: Black Sea Grain Corridor, Weather, Harvest Pressure Prices Aug 7, 2022
Russia’s unprovoked invasions of Ukraine sent already bullish wheat futures prices soaring earlier this year. However, the first grain vessel to leave Ukraine since Russia’s February invasion set sail on […]
Wheat Market: Harvest, Much Improved Conditions Pressure U.S. Soft White Jul 10, 2022
Volatility remains the key word when looking at wheat prices, and the soft white (SW) market is no exception. From their rapid increase following the severe drought in 2020/21 and […]
Wheat, Corn Prices Tempered, Easing Global Food Cost Concerns Jul 3, 2022
Yusuf Khan and Will Horner reported in today’s Wall Street Journal that, “Fine farm weather and a rush of Russian grain ships through the Black Sea have taken the sting out of […]
Grain Markets: What Are Long-Run Prices? Jun 1, 2022
The Congressional Budget Office (CBO) recently released projected outlays for Federal farm programs from 2021 to 2031. To make these ten-year projections, CBO used estimates of commodity prices over the next […]
Ag Trade: U.S. Wheat Price Projected at Record High, Major Exporters’ Ending Stocks Lowest in a Decade May 19, 2022
In its monthly Wheat Outlook report on Monday, the USDA’s Economic Research Service (ERS) stated that, “The U.S. season-average farm price (SAFP) for 2022/23 is projected to reach a record $10.75 per bushel, supported by tight […]
Prices of Most Fertilizers Continue Rise, Wheat Prices Climb on Supply Concerns May 7, 2022
DTN writer Russ Quinn reported earlier this week that, “According to retail fertilizer prices tracked by DTN for the fourth week of April 2022, prices are somewhat mixed to end the month of April. “Six […]
Ukraine Planting Area in Focus, as Global Fertilizer Sourcing Evolves Mar 16, 2022
Reuters News reported yesterday that, “The area sown with Ukraine’s 2022 spring grain crops could fall 39% to 4.7 million hectares due to Russia’s military invasion, the APK-Inform agriculture consultancy said on Tuesday.” ‘After […]
Russian Conflict – Wheat Price Swings Wildly, as Food Inflation and Hunger Concerns Mount Mar 9, 2022
David L. Stern, Ellen Francis, Ellen Nakashima and Joanna Slater reported on the front page of today’s Washington Post that, “The desperate effort to secure safe passage for civilians trapped in Ukrainian cities […]
Chicago Wheat Sets Record High, as Markets Sort Out Supply Concerns Mar 8, 2022
Nabih Bulos, Laura King, and Henry Chu reported on the front page of today’s Los Angeles Times that, “A dozen days into a devastating war and a burgeoning refugee crisis, Russian […]