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Wheat
Page 4 of Wheat news, latest stories & analysis
Wheat price outlook amid eased Russia-Ukraine tensions
Wheat price is considerably below the three-week high hit earlier in the week amid eased worries over the Russia-Ukraine conflicts. In the ensuing sessions, the geopolitical tensions and US dollar movements will remain at play.wheat priceRussia-Ukraine conflictsWheat price has been moving in tandem with the developments in Russia is the…
February 16, 2022
COVID-19 Pandemic Led to the Strongest Ever Commodity Rally
Commodity rally is strongest compared to prior climbs during global economic recoveries. This week it is all about U.S. inflation and, because of that, it is worth looking at what happened to commodities, as they are a hedge against rising inflation. The U.S. inflation is expected to print 5.2% YoY…
October 12, 2021
Here’s what Chamath Palihapitiya thinks about Tesla, SPACs, and Bitcoin
Chamath Palihapitiya is a little “skittish” about the market, the founder and CEO of Social Capital revealed in an interview with CNBC’s Scott Wapner at the news channel’s Delivering Alpha Conference on September 29th.The venture capitalist still owns businesses with significant growth potential and finds offline businesses exciting…
September 30, 2021
Soybean price enters overbought territory ahead of WASDE report
Soybean price is at a 9-year high ahead of May’s WASDE report. The soaring prices have placed it in the overbought territory at an RSI of 80. The report comes at a time when surging commodity prices have revived inflation concerns. US corn is currently up by 0.22% at…
May 12, 2021
Corn Price at an 8-year High Amid China’s High Appetite for Grains
Corn price closed Friday’s session at an 8-year high amid rising demand from China. For those looking to invest in commodities, the unfavorable weather in Brazil is further supporting prices.corn priceChina’s Buying SpreeChina is working towards lowering its reliance on grain imports. In 2022, its global corn purchases are…
April 25, 2021
Wheat Price Preview Ahead of April WASDE Report
Wheat price has curbed its losses by rising by 1.11% to $614.17. Despite Monday’s gains, the commodity remains on a downtrend ahead of April’s WASDE Report. A strong US dollar and favorable weather conditions have also exerted pressure to the prices.wheat priceApril WASDE ReportWheat price is trading higher as those…
April 5, 2021
Wheat prices on an uptrend as investors look out for a possible winter kill
While wheat prices pulled back on Thursday, they are largely on an uptrend. On Wednesday, the prices hit a one-month high of $683.95. However, on Thursday’s session, wheat futures were trading at around $669.15. Investors are looking to see if the frigid conditions in the US Southern Plains and mid-West…
February 25, 2021
Wheat prices break out on the upside after the WASDE report
After wavering for the better part of today, whet prices’ break-out on the upside is apparent. As at 13.54 GMT, wheat futures were up by 1.35% to trade at $605.77. Investors seem to have looked past the predicted increase in global wheat production. The bulls’ focus is on China’s imports…
December 11, 2020
The price of wheat may be about to go up in 2020
Wheat is one of the most consumed cereals across the planet. It is difficult to imagine life without pasta, bread, and the other products made from wheat. Let’s discover if the price of this essential commodity is on the way up or down in 2020? The current priceWheat has been…
March 27, 2020
Agricultural commodities up following US-China deal
After it was apparent that China and the US had agreed on the contents of the Phase 1 trade deal, prices of various commodities shot. The deal saw different tariffs cancelled and a few others reduced by both states.Policies relating to intellectual property were also tightened, and China…
December 18, 2019
China cancels its plans of imposing additional tariffs on U.S products on December 15th
The clouds of uncertainty are finally fading away from the long-held trade dispute between the United States of America and China. Following an official declaration from Washington and Beijing that a phase 1 trade deal has been finalized, the State Council’s customs tariff commission of China announced on Sunday that…
December 15, 2019
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