Latest News

EU wheat exporters to benefit from Black Sea turmoil

07/29/14

Matif wheat futures traded in Paris have widened their price premium over U.S. Hard Red Winter wheat futures to the highest level since April, raising expectations that U.S. exporters will be well positioned to see an increase in export business at Europe's expense.

Evaluate wheat seed quality prior to planting

07/28/14

The fungus that causes scab can also cause a seedling blight of wheat. If scab infected seed is used for planting, seedling blights and stand establishment problems may occur.

Concerns grow over damage to EU wheat crop quality

07/25/14

Europe is heading toward a large wheat harvest this year but concerns are mounting that much of it could only be fit to feed animals after heavy rain earlier this month.

Seed treatments strongly recommended for 2014 wheat crop (07/25/14)

Evogene amends Bayer wheat agreement (07/25/14)

Invasive weed increasingly taking hold in Kansas (07/23/14)

Chinese researchers develop powdery mildew resistant wheat (07/23/14)

How researchers are speeding up seed production for new wheat (07/23/14)

What insects to watch for in corn, beans and wheat (07/21/14)

Wheat blends: Advantages and disadvantages (07/21/14)


Commodity Info

Charts

Markets

East River South Dakota Grain Markets - Closing Elevator Bids (07/30/14)

Grain Prices @ Illinois Interior Country Elevators (07/30/14)

Interior Iowa Elevator Grain Prices (07/30/14)

Grain Prices Illinois River Barge Points (07/30/14)

Export Grain Bids (07/30/14)

Minneapolis Daily BASIS Report (07/30/14)

CO/NE/WY Elevator Grain Bids (07/30/14)

Montana Cash Grain Prices (07/30/14)

South Carolina Closing Grain Bids (07/30/14)

North Carolina Grain (07/30/14)


Key Reports/Outlook

U.S. spring wheat areas, production unchanged (09/16/13)

World wheat trade up slightly (09/16/13)

Higher projected wheat imports raise 2013-2014 ending stocks (09/16/13)

World wheat production prospects boosted further (09/16/13)

Foreign wheat use to reach a record (08/15/13)

Record-high world wheat production projected (08/14/13)

U.S. wheat price prospects lower despite increased exports (08/14/13)

Exports: Corn sales bounce (08/01/13)

U.S. corn planted acreage highest since 1936 (06/28/13)

Corn stocks down 12 percent from June 2012 (06/28/13)



Market Commentary

Afternoon Comments 07/30


Export news boosted the wheat markets Wednesday. Although current weather forecasts and the rising dollar also seemed bearish for the wheat outlook, golden grain prices turned decidedly higher after the USDA announced a sizeable sale to Nigeria. Traders were probably bottom-picking and short-covering as well. September CBOT wheat advanced 5.25 cents to $5.2725/bushel as Wednesday’s trading ended, while September KC wheat lifted 5.5 cents to $6.17/bushel, and September MWE wheat edged up 2.25 cents to $6.1275.
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