Latest News

Scout for aphids in winter wheat

10/22/14

Aphids in winter wheat have been reported in Hand County in central South Dakota as well as Hanson, Davidson and Aurora counties in the southern portion of the state.

Bayer CropScience wheat variety trials commence in U.K.

10/22/14

Bayer CropScience announced that it has commenced testing wheat varieties in the United Kingdom for the first time.

Wheat seedling development concerns

10/22/14

Over the next month or two, wheat stands will hopefully become established over most of Kansas. Ideally, the wheat will take on a solid green color, form a secondary root system and develop one or two tillers in addition to the main tiller. But sometimes there are problems.

Timing of cheatgrass herbicides on wheat (10/21/14)

NAWG calls for more biotech wheat research (10/20/14)

ALS-resistant common chickweed becoming more of an issue (10/20/14)

Not too late to plant wheat, but risks increase with delays (10/17/14)

Guinness World Record set for most wheat harvested in 8 hours (10/16/14)

Syngenta introduces new high protein spring wheat (10/13/14)

Flint on crops: Wheat is worth doing right (10/08/14)


Commodity Info

Charts

Markets

Grain Prices Illinois River Barge Points (10/22/14)

Export Grain Bids (10/22/14)

Minneapolis Daily BASIS Report (10/22/14)

CO/NE/WY Elevator Grain Bids (10/22/14)

East River South Dakota Grain Markets - Closing Elevator Bids (10/22/14)

Kentucky Daily Grain Elevators, Open Bids (10/22/14)

South Carolina Closing Grain Bids (10/22/14)

North Carolina Grain (10/22/14)

Interior Iowa Elevator Grain Prices (10/22/14)

Minneapolis, MN Daily Cash Grain Report (10/22/14)


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 10/22


Fund short-covering may have supported wheat futures. The wheat markets were seemingly pulled upward by concurrent corn and soy gains this morning, which made the golden grains’ late firmness in the face of their counterparts’ losses that much more surprising. We have to suspect the various funds continue liquidating their huge short positions, thereby explaining the sustained strength. December CBOT wheat gained 3.0 cents to $5.2225/bushel in late Wednesday trading, while December KC wheat rose 3.0 cents to $6.0525/bushel, but December MWE wheat slid 0.25 to $5.6875.
Market Info
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