Tagged: wheat

A Look at Weather Markets of the Past

By Fred Evans – March 21, 2018

 

“What is cheap (undervalued) that I can buy that is going to go up so that I can make some money?” 

 

That was the standard refrain I heard when I would receive inquiries from neophyte investors (speculators) interested in trading commodity futures.  In my twenty years as a commodity futures account executive I never received a single phone call from a potential client who asked “what is overvalued that I can sell short and make some money?”

The News & What it Means – Higher US Wheat Prices Take Bite Out of Exports

By John DePutter & Dave Milne – March 20, 2018

 

The news:

“The two main stories in wheat are the abysmal shape of the hard red winter (HRW) variety grown in the central and southern Plains due to widespread drought conditions, and the fact that the resultant rally has made our [US] wheat even less competitive in the world export markets.”

DTN, Mar. 19, 2018