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Posts Tagged ‘U.S. Drought Monitor’

U.S. Wheat Associates Price Report

April 12, 2019 Read the full report as a PDF Weekend blizzards across the Northern Plains (see below) could delay spring wheat planting in South Dakota and Minnesota, supporting hard red spring (HRS) futures prices over last week’s close. Hard red winter (HRW) futures traded up week over week on technical selling while soft red…

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U.S. Wheat Associates Price Report

April 5, 2019 Read the full report as a PDF Improved planting conditions in the Northern Plains and news of increased Canadian spring wheat planted area (see below) pressured hard red spring futures prices this week, while short-covering in the middle of the week supported soft red winter (SRW) and hard red winter (HRW) futures…

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U.S. Wheat Associates Price Report

March 22, 2019 Read the full report as a PDF All wheat futures prices for the May contract period closed up from last week. Technical buying, short-covering, China’s purchase of more than 300,000 metric tons (MT) of corn for the first time in 5 years, and increased risk of spring wheat planting delays contributed. A…

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U.S. Wheat Associates Price Report

March 15, 2019 Read the full report as a PDF All wheat futures prices for the May contract period ended the week up, mainly on speculator buying, possibly based on pending tenders, between Thursday and Friday. The initial emergence of the 2019/20 U.S. wheat crop from dormancy into continued very cold conditions (see below) and…

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U.S. Wheat Associates Price Report

March 8, 2019 Read the full report as a PDF Wheat futures took another hit this week on technical selling, reduced export demand for U.S. supplies, and increased prospects for competitor harvests later in the year (see below). The markets rallied slightly between Thursday and Friday, but not enough to claw ahead of last week’s…

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U.S. Wheat Associates Price Report

March 1, 2019 Read the full report as a PDF Stiff competition from cheap global supplies and an onslaught of technical selling pushed all wheat futures well below last week’s close. A stronger U.S. dollar enhanced losses. March soft red winter (SRW) futures lost 33 cents to end at $4.54/bu and March hard red winter…

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U.S. Wheat Associates Price Report

February 8, 2019 U.S. wheat futures were mixed for the week as traders waited for key crop reports that squared mostly with trade expectations. Futures closed higher on Friday as U.S. export demand strengthened and the government reports put winter wheat planted area at a 110-year low. Prices were down from the previous week on…

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U.S. Wheat Associates Price Report

February 1, 2019 Read the full report as a PDF The U.S. federal government reopened on Jan. 25, 2019. USDA will release its WASDE, quarterly grain stocks and winter wheat seeding reports on Feb. 8, 2019. USDA announced it will delay the release of the export sales data it gathered during the partial shutdown as…

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U.S. Wheat Associates Price Report

Read the full report as a PDF Earlier today, President Trump announced a deal to reopen the federal government for three weeks while border security is negotiated. Assuming Congress approves, the entire wheat industry looks forward to updated commercial export sales and supply and demand reports from USDA. It is too soon to know when…

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U.S. Wheat Associates Weekly Price Report

January 11, 2019 Read the full report as a PDF Supported by a softening U.S. dollar (see below), which makes U.S. wheat more competitive relative to other origins, and increasing global wheat prices, but tempered by uncertainty over the export sales pace and winter wheat planted area, U.S. wheat futures finished the week mixed. Uncertainty…

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U.S. Wheat Associates Price Report

Friday, December 14, 2018 Read the full report as a PDF Note to Readers: There will be no USW Price Report on December 28, 2018. Hard red winter (HRW) and hard red spring (HRS) futures are up from last week, supported by strong export demand for both classes. A strong U.S. dollar limited gains. CBOT…

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U.S. Wheat Associates Price Report

October 12, 2018 Read the full report as a PDF   U.S. wheat futures ended the week mixed with Canadian harvest delays providing support for MGEX. Beneficial rain across the United States limited KCBT gains and pressured CBOT lower. CBOT December wheat futures ended the week down 4 cents at $5.17/bu, KCBT remained unchanged week…

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