This Week's Most Popular Wheat News
- #1 China May soy imports seen at 6-mth highChina, the world's top soy buyer, is likely to import 5.63 million tonnes of the oilseed in May, the commerce ministry estimated on Monday, up 15 percent from actual arrivals of 4.88 million tonnes in April.... read more...
- #2 Russia could cut grain crop forecastRussia may cut its 2012/13 grain crop forecast in May from the current 94 million tonnes due to spring drought, a government source told Reuters on Thursday. "It is clear now that the forecast should be decreased, but it is too early to do it now.... read more...
- #3 Palm oil drops to 3-month low, Greek turmoil weighsMalaysian palm oil futures extended losses to a near 3-month low, as failed talks to form a new Greek government heightened fears over the euro zone debt crisis. "Political uncertainty in euro zone and a gloomy global economic outlook weighed on the market.... read more...
- #4 Wheat Market Recap ReportJuly Wheat finished up 1 1/4 at 598 1/4, 3 3/4 off the high and 6 up from the low. December Wheat closed down 1/4 at 635 1/4. This was 5 3/4 up from the low and 4 off the high. July wheat closed slightly higher with an inside trading session.... read more...
- #5 India's May 1 grain stocks sharply above targetsIndia's wheat stocks at government warehouses on May 1 were 38.2 million tonnes, more than nine times the official target of 4.0 million tonnes for the quarter ending June 30, government sources said on Monday. Rice inventory for the same period was 32.... read more...
- #6 Russian wheat exports flat in April m/mRussian wheat exports remained flat in April compared to the previous month at 1.3 million tonnes, after increased shipments to Turkey compensated for reduced supplies to Egypt, SovEcon agricultural analysts said in a note on Wednesday.... read more...
- #7 Wheat Market Recap ReportJuly Wheat finished up 30 1/4 at 638 3/4, 1 off the high and 34 3/4 up from the low. December Wheat closed up 27 1/4 at 671. This was 32 1/2 up from the low and 3/4 off the high.... read more...
- #8 Wheat Market Recap ReportJuly Wheat finished up 19 at 657 3/4, 3/4 off the high and 20 up from the low. December Wheat closed up 17 3/4 at 688 3/4. This was 18 1/2 up from the low and 1/2 off the high.... read more...
- #9 Heat, wind sap wheat crop's potential in key grower KansasThe promise of a bumper U.S. hard red winter wheat crop is eroding by the hour as scorching temperatures and high winds in key growing areas of the U.S. Plains sap soils of needed moisture, wheat experts said on Thursday.... read more...
- #10 Mid-Session Wheat Market ReportJuly wheat opened 2 cents lower on the session at 595 and established an early range of 593 1/2 to 602. A bearish tilt to outside market forces with financial problems in Europe and political issues in Greece and Germany helping to drive the US dollar higher and other... read more...
