Insights and Stories on Wheat Prices

Aug. 18, 2015 at 7:23 pm CDT

CNS Canada — U.S. wheat futures have moved steadily lower since the beginning of July, and appear poised for more losses as there is little supportive news in the market. “There’s just nothing bullish in the wheat market at the moment,” said Adam Knosalla of Frontier Futures in Minneapolis. He […]

By Phil Franz-Warkentin

Jun. 29, 2015 at 6:52 pm CDT

CNS Canada — Cash bids for Prairie wheat were up sharply during the week ended Friday, as weather worries in North America resulted in improved basis levels and pushed U.S. futures sharply higher. Parts of Western Canada are too dry, harming production, while excess moisture in the U.S. is increasing […]

By Terryn Shiells

May. 29, 2015 at 6:08 pm CDT

Moscow | Reuters –– Russia approved the launch of a new wheat export tax from July 1, which traders say could threaten profits on advance contracts for the new crop if the rouble weakens in coming months. Russia’s government said Friday that the new tax was intended to stop exports […]

By Reuters

May. 26, 2015 at 4:50 pm CDT

Donskoy | Reuters –– Russia’s agriculture ministry said on Tuesday it had finalized the methodology for the calculation of a wheat export duty that will be introduced from July 1. It has proposed exporters pay a duty of one rouble per tonne on wheat priced up to 11,000 roubles (C$268) […]

By Reuters

May. 25, 2015 at 2:44 pm CDT

Tikhoretsk | Reuters — Russian wheat export prices rose last week following an increase in global benchmarks and concerns over dry and hot weather in the European part of Russia, analysts said. Russia, one of the world’s big wheat exporters, competes with other global suppliers, including France, where Western European […]

By Reuters