Search: garykozolwski
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Wheat Market Has Modest Gains
Friday morning's export sales report was considered highly supportive but the reaction was rather subdued due to light holiday trade volume.
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Wheat Market Moves Moderately Lower
Wheat futures weakened into the close on Friday to post slight losses for the week.
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Wheat Market Supported By Weather Concerns
Wheat futures favored a firmer tone in light and choppy trade Monday and finished slightly higher.
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Bullish Report Positive for Wheat Market
December Chicago wheat exploded higher midday on Friday and the strength carried on throughout the day after a bullish Quarterly Stocks report and due to a limit higher corn market.
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Supportive Tone in Thursday's Wheat Market
houghts that international demand for wheat is beginning to pick up and a sharply lower US Dollar added to the supportive tone on Thursday.
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Wheat Market Settles Lower Again
Heavy spillover from outside markets triggered selling pressure in wheat futures on Thursday.
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Wheat Market Has Modest Gains
Wheat found support from sharply higher corn market after weather forecasts show temperatures are expected to reach 95-105 degrees in much of mid-west into next week; increasing stress on crops.
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Slight Gain in Wheat Markets
With a bearish tone to outside market forces on Tuesday, the wheat market did not see too much selling as traders see more short-covering ahead of the USDA Crop Production and supply/demand reports for Thursday.
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Wheat Markets Closed Lower
Weakness in outside market forces and a further sell-off in the other grains plus a sharp break in crude oil and the stock market helped to pressure the market into the mid-session on Friday.
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Wheat and Cattle Markets Up
The break in the US dollar and some growing concerns for dryness in Western Europe helped to support a bounce early in the session for wheat. Then fund trader short-covering helped drive the market sharply higher into wheat's mid-session.