RARE PHOTOS: 10 - The Real Truth

Grains: Is There a Compelling Case for Appreciation in 2024?

The grain sector of the commodities market posted a 2.89% gain in Q4, but it declined 13.04% in 2023. As grains move into 2024, the annual crop season is on the horizon and will begin in the spring. Prices are at attractive levels after falling from multi-year or all-time peaks…

Barchart · Jan 15, 2024

Will Wheat Prices Continue to Rally?

Nearby CBOT soft red winter wheat futures rose to a record high of $14.2525 in March 2022. At the most recent November 2023 low, the price was almost one-third the level at the 2022 all-time high. Wheat futures under $6 per bushel was inexpensive as Russia is the world’s leading…

Barchart · Dec 8, 2023

Why Wheat Prices are Due for a Rebound

Crude oil and wheat are the two most political commodities. Russia has a significant role in worldwide petroleum prices as the most influential non-member of OPEC, the international oil cartel. Russia is also the world’s leading wheat exporter. Over the past years, the geopolitical landscape has added volatility to the…

Barchart · Oct 27, 2023

The KCBT versus CBOT Wheat Spread is Flashing a Bullish Signal

The spread between KCBT hard red winter wheat and CBOT soft red winter wheat is a barometer for the path of least resistance of the primary ingredient in bread. Many U.S. bread manufacturers price their requirements on the KCBT price, making the spread a critical factor that measures the market’s…

Barchart · May 22, 2023

The May WASDE- Mostly Bearish Price Action in Soybean, Corn, and Wheat Futures

The USDA’s monthly World Agricultural Supply and Demand Estimates report is the gold standard for fundamental data on the commodities that feed and increasingly fuel the world. The May WASDE report comes during the start of the 2023 growing season in the northern hemisphere.

Barchart · May 16, 2023

Q1 2023 and Beyond- Grains

The grain sector of the commodities market includes soybeans, corn, wheat, oats, and rice contracts that trade on the CME’s CBOT division. The grain sector declined in Q1 2023 with across-the-board losses.

Barchart · Apr 13, 2023

Why Are Rising Energy Prices Bullish for Corn?

The U.S. is the world’s leading corn producer and exporter. Corn prices declined from the March 2022 high but remained elevated in early April 2023 at the beginning of the 2023 crop year in the northern hemisphere. Corn is food and fuel, and rising oil and gasoline prices put upward…

Barchart · Apr 6, 2023

CBOT Wheat Futures Hover Around The $7 Pivot Point

CBOT wheat futures reached a record $14.5225 per bushel high in March 2022 as Russia invaded Ukraine. Wheat is in the crosshairs of the ongoing war as Russia and Ukraine are Europe’s breadbasket. We are now in the planting season in North America, with the wheat futures markets concerned about…

Barchart · Apr 5, 2023

Wheat jumps as Russia questions Ukraine export deal

Chicago wheat futures rose around 4% on Wednesday to their highest in nearly two months as criticism by Russia of a war-time export deal for Ukrainian grain revived concerns about supply disruption.

Reuters · Sep 7, 2022