AG INFORMATION NETWORK OF THE WEST

Friday Jul 5th, 2013

Wheat Futures Faced Pressure for Most of Friday

In wheat export news China bought another 4 million bushels of U.S. soft red wheat and Korea announced they would resume purchases of U.S. white wheat which is great news for Pacific Northwest wheat growers.

Friday Jun 7th, 2013

Wheat Futures See Sell Pressure Late in Day

Wheat futures had a supportive tilt at the opening bell but saw sell pressure late in the day Friday.

Friday May 3rd, 2013

Wheat Market Moves Lower

Chicago and Kansas City wheat traded lower on the day Friday after traders took profits and positioned ahead of the weekend.

Monday Mar 4th, 2013

Wheat Market Trades Higher

Wheat markets traded mostly higher on the day Friday in the face of a sharply higher US Dollar, lower soybean market, and modest gains seen in the corn complex.

Monday Feb 4th, 2013

India Has Bumper Wheat Crop

KC and Chicago wheat traded sharply lower on the day Friday on technical selling and profit taking after recent gains.

Monday Jan 7th, 2013

Modest Losses for Wheat Market

Grains ended the week in a familiar pattern closing with losses. Outside markets were mostly negative as the dollar index was higher, precious metals lower and crude oil slightly lower.

Monday Dec 10th, 2012

Wheat Market Follows Corn Down

March Chicago and KC wheat traded slightly lower on the day Friday but managed to hold up rather well against sharp declines in corn and soybeans.

Monday Nov 5th, 2012

Wheat Market Attempted Rally on Friday

Wheat futures saw another choppy week of trade and finished near steady to marginally higher for the week.

Monday Oct 8th, 2012

Wheat Market Slides Lower

Weakness in the corn market plus sluggish export demand news and talk of improving weather for the new crop later this week helped to pressure the wheat market on Friday.

Monday Aug 6th, 2012

Wheat Market Has Upward Day

The Chicago wheat market traded sharply higher on the day Friday following a week that saw extreme amounts of liquidation and profit taking.

Monday Jul 9th, 2012

Wheat Market Pulls Back

Wheat traded sharply lower heading throughout the trading session on Friday as pressure spilled over from the corn pit and perhaps from a general deterioration of global macro economic expectations.

Monday Jun 18th, 2012

Wheat Market Moves Lower

In the wheat market on Friday, funds were active sellers even with a positive tilt to outside market forces.

Monday Apr 16th, 2012

Wheat Futures Posted Double-digit Loss

The steep rally in the US dollar and more talk of improving crop conditions ahead helped to encourage more selling and the weakness in the other grains added to the negative tone on Friday.

Monday Mar 12th, 2012

Corn and Wheat Rebound

The USDA report for wheat Friday was slightly supportive with the U.S. ending stocks coming in at 825 million bushels as compared to 845 million last month.