Archive for Tag: wheat trading

Chicago wheat futures

Wheat prices poised to rise for the second consecutive week

The price of Chicago wheat futures is up 1.16% at $11.0 per bushel on mid-Friday trades. CBOT wheat prices rose 2.69% on Thursday on account of the rising risk of drought in central United States. Estimates from Ukraine that about 5.9 million acres of winter corps would not be...

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Chicago wheat futures

Wheat declines amid a declining harvest further straining global supplies

The price of Chicago wheat futures is down 0.72% at $10.6 per bushel on mid-Friday trades. Chicago wheat futures price opened this week on a bullish note registering an increase of 5.10%. However, a majority of this gain was wiped out by the 1.94% decline on Tuesday. Wheat traded...

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wheat news

Wheat continues its downtrend, declining around 10% from its recent high

The price of Chicago Wheat futures is down 0.33% at $11.4 per bushel on mid-Friday trades. Wheat started the week with mild bullish pressure, gaining around 1.80% on Monday. Prices, however, fell on the two subsequent days, i.e., on Tuesday and Thursday. This decline is a resumption of the...

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wheat futures price

Wheat rose on supply concerns

Chicago wheat futures price is down 0.95% at $11 per bushel on mid-Frida trades. Wheat prices rose this week on weather concerns among top global producers and as India mulls export restrictions on wheat. The record heat waves in India are hurting wheat harvest. At the same time, soggy...

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Wheat futures price

Mounting wheat prices cool down on possibility of supply relief

Chicago wheat futures price is down 0.19% at $10.6 per bushel on mid-Friday trades. Wheat futures price has witnessed consecutive declines for the past three days on the possibility of supply-chain relief. Talks of Russia possibly exporting more wheat put pressure on wheat prices. The war in Ukraine has...

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Wheat Futures

Wheat prices fall as supplies from India pours in, and peace talk progresses

The price of Chicago Wheat Futures is up 2.58% at $10.320 per bushel. The ongoing conflict in Ukraine has disrupted the global wheat supply. Russia and Ukraine combined account for around 30% of the global wheat supply, with their supply going mainly to Africa and the Middle East. Egypt...

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