Wheat Latest News
Monday, May 21, 2012
CME: Corn Futures Closed Higher Friday US - July Corn finished up 10 1/2 at 635 1/2, 3 off the high and 16 up from the low. December Corn closed up 8 3/4 at 537. This was 15 up from the low and 5 1/2 off the high.
Arrest Made After Break-in at GM Wheat Trial Site UK - A trial of a genetically modified (GM) strain of wheat has been vandalised a week ahead of a planned demonstration in which protesters threatened to destroy the crop.
Weather Damage to Bulgarian Crops Assessed BULGARIA - Bulgaria experienced challenging weather this past autumn and winter that stymied seeding operations and brought record low temperatures, snowfall and extensive winterkill.
Fall-Seeded Cereals Looking Better than Ever in Manitoba CANADA - A plant science instructor with the University of Manitoba reports fall-seeded cereal crops have never looked better in Manitoba.
Sunday, May 20, 2012
GeoGrain: Basis for Spot Corn Delivery Up Three Cents Last Week US - Basis for spot corn delivery has continued to strengthen across the country, up three cents in the last week.
Friday, May 18, 2012
CME: Corn Futures Closed Higher Thursday US - July Corn finished up 5 at 625, 1 1/2 off the high and 9 up from the low. December Corn closed up 2 at 528 1/4. This was 5 1/4 up from the low and 2 3/4 off the high. July corn closed higher...
Wheat Production Down in 2012/13, Still Fourth Largest on Record GLOBAL - World wheat production in 2012/13 is projected to fall to 677.6 million tons, down 17.1 million, or 2.5 per cent from last year’s record of 694.6 million tons. Foreign wheat production...
Thursday, May 17, 2012
CME: Corn Futures Closed Higher Wednesday US - July Corn finished up 22 3/4 at 620, 3/4 off the high and 29 1/4 up from the low. December Corn closed up 11 3/4 at 526 1/4. This was 19 up from the low and 1 3/4 off the high. July corn...
UK Farmers Challenge GM Trial on Newsnight UK - Wheat farmer Peter Lundgren will join other GM sceptics in a public debate on Rothamsteds GM wheat trial hosted by BBC’s Newsnight on Thursday 17th May.
22 Hours of Grain Trading; Industry Says Slow Down ANALYSIS - Starting May 20, 2012 (trade date May 21, 2012), the CME Group is slated to expand its electronic trading hours in its Chicago Board of Trade (CBOT) grain, oilseed and ethanol...
US Wheat: Supplies Up, Prices Down US - The 2012/13 outlook for US wheat is for larger supplies and use, but lower prices. All wheat production is projected at 2,245 million bushels, up 12 per cent from last year’s weather-reduced...
Wednesday, May 16, 2012
CME: Wheat, Soy Futures Closed Higher Tuesday US - July Soybeans finished up 26 at 1413, 2 3/4 off the high and 33 up from the low. November Soybeans closed up 10 1/4 at 1305. This was 14 1/2 up from the low and 7 1/4 off the high.
Russia Grain: Historical Area Estimates Revised RUSSIA - USDA has revised its series of grain area estimates, beginning with 1990/91, to reflect harvested area. Previous estimates were based on sown-area data from Rosstat, the State Statistical...
Tuesday, May 15, 2012
CME: Corn Futures Closed Higher Monday US - July Corn finished up 2 at 583, 3 3/4 off the high and 6 3/4 up from the low. December Corn closed up 1/4 at 505 1/2. This was 2 1/4 up from the low and 7 1/4 off the high. July corn closed...
Monday, May 14, 2012
CME: Corn Futures Closed Lower Friday US - July corn saw a late-day bounce but still closed 6 1/2 cents lower on the session and down 39 1/4 cents for the week. Funds were noted as active sellers for the third day in a row.
Autumn Drought Affects Ukraine Wheat Forecast UKRAINE - USDA forecasts Ukraine wheat production for 2012/13 at 13.0 million tons, down 9.1 million tons or 41 per cent from last year. The decrease is attributed chiefly to severe fall drought...
Nematode-Resistant Wheat Breeding Lines Available AUSTRALIA - Australian wheat-breeding companies now have access to several new nematode resistant and tolerant wheat lines, which could enhance the approach to managing these pests in cereal...
Forage Supplies Tight, Crops Depend on Water Supply US - A “coin toss” is how a Texas drought expert describes the forecast for rainfall across the state this season. But there are some actions farmers and ranchers can take rather than hoping...
Sunday, May 13, 2012
GeoGrain: Corn Spot Basis Made Six Cent Gain US - In the cash market for corn, spot basis made large gains last week, increasing six cents on average across the country.
Grain Hedge: European Jitters, USDA Reports Send Markets Lower US - Renewed concerns about Greek debt and some critical elections in the Euro zone have led the equity markets lower.
Friday, May 11, 2012
CME: Corn Futures Closed Lower Thursday US - July Corn finished down 19 3/4 at 587 1/2, 24 3/4 off the high and 2 up from the low. December Corn closed down 9 1/2 at 507 1/4. This was 2 1/4 up from the low and 12 off the high. July...
Economist: USDA Reports Contain Some Surprises US - The World Agricultural Supply & Demand Estimates report included the first forecasts for the 2012-13 marketing year and contained some very bearish projections for corn, but the soybean...
Dryness and Winterkill Reduce EU Wheat Prospects EU - Wheat production in the European Union (EU) for 2012/13 is forecast at 132.0 million tons, down 5.4 million or 4 per cent from last year. Harvested area is estimated at 24.9 million hectares,...
Thursday, May 10, 2012
CME: Corn Futures Closed Lower Wednesday US - July Corn finished down 15 3/4 at 607 1/4, 15 3/4 off the high and 1 3/4 up from the low. December Corn closed down 11 1/4 at 516 3/4. This was 1 3/4 up from the low and 12 off the high....
South African Corn Decreases Due to Weather SOUTH AFRICA - Post forecasts that the area planted to corn later in 2012 for the 2012/13 MY (market year) (2013/14 MY for South Africa) will be around three million hectares, just down from...
New Tool for Tracking a Voracious Pest US - Since it first appeared in Texas in 1986, the Russian wheat aphid has cost US wheat growers an estimated $200 million each year. But US Department of Agriculture (USDA) scientists have developed...
Black Cutworm Flocks to Indiana; Scouting Proves Critical US - Record numbers of black cutworm moths have descended upon Indiana fields, and after a week of warm temperatures and rainfall now is a critical time to scout, a Purdue Extension entomologist...
Agronomist: Growers Have Options for Freeze-Damaged Wheat US - A late-April freeze damaged some of northern Indiana's early progressing winter wheat crop, leaving growers to decide whether to let the crop yield or tear it up altogether.
Wednesday, May 09, 2012
CME: Corn Futures Closed Higher Tuesday US - July Corn finished up 3 at 623, 9 1/4 off the high and 4 1/2 up from the low. December Corn closed up 3 1/4 at 528. This was 7 1/2 up from the low and 3 off the high.
Tunisian Cereals Revised Down Due to Unpredictable Rainfall TUNISIA - Estimate of total area planted to cereals in Tunisia in the 2011/12 season was revised down to 1.3 million hectare, including 800,000 HA of wheat and 500,000 HA of barley. The downward...
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