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Chicago wheat futures hit contract lows last week, reflective of speculators’ long-standing bearish position on the grain.
Low crop price for wheat is compounded by a spike in disease pressure in west-central Kansas, Vance Ehmke reports.
The main driver of the drop in wheat prices has been a long-term bearish position in wheat by the managed money funds.
The wheat market fell lower across the three markets on Monday. Chicago SRW futures were 11 to 13 cents lower on Monday. Kansas City HRW futures were under pressure on Monday with contracts 8 to 9 ...
Winter wheat conditions declined across central and southern portions of the production area, except in Texas. In the Northern Plains, conditions improved in South Dakota, where drought conditions ...
Winter wheat conditions declined across central and southern portions of the production area, except in Texas. In the Northern Plains, conditions improved in South Dakota, where drought conditions ...
The wheat complex is seeing a bounce back on Wednesday across the three markets. Chicago SRW futures are up 8 to 12 cents. There were 88 deliveries issued for May futures on FND. Kansas City HRW ...
The Swedish painter shaped how the rest of the world viewed the hills and streams of Kansas, and the mountains of Colorado.
The wheat complex bounced back to close out the Wednesday session with the SRW and spring wheat contracts posting strength and HRW weaker. Chicago SRW futures were up 5 to 8 cents. Kansas City HRW ...