04/22/2009 01:45PM
MINNEAPOLIS – Electronic trading of Hard Red Spring Wheat (HRSW) futures and options today hit a new daily record high of 10,350 contracts at MGEX (Minneapolis Grain Exchange or Exchange). Today’s volume surpassed by 2,856 contracts the previous electronic volume record of 7,494 contracts set on January
08/29/2008 08:58AM
CHANUTE, Kan. – In a perfect world, all wheat would be planted at the ideal time. But several factors can cause producers to plant wheat either earlier or later than the recommended time -- including grazing intentions, weather delays, and late row crop harvest, said said Kansas State University agronomist
04/24/2008 04:27PM
Kansas Wheat CEO Dusti Fritz is a member of a new BNSF Advisory Council, which was formed to create a dialogue between Burlington Northern Santa Fe Railway and producer groups to discuss rail issues across the United States and to create a more formal venue for producers to bring concerns regarding captive
03/12/2008 05:55AM
Japan is the world’s fourth largest market for wheat, behind Egypt, Brazil, and the European Union (EU), accounting for about 5% of world trade. Since 1997-1998, wheat production has increased by 46%, to 837 thousand tonnes (kt) last year, and is currently forecast by the United States
02/29/2008 08:01PM
CHICAGO (Dow Jones)--A day after it was revealed, market watchers were still tying to figure out Friday how MF Global lost $141.5 million in a matter of hours. The unauthorized trades of Chicago Board of Trade wheat futures occurred during Wednesday's overnight electronic trading session, MF Global said
02/27/2008 06:25AM
Feb. 26 (Bloomberg) -- Wheat climbed above $12 a bushel for the first time in Chicago, as investors poured money into agricultural commodities on signs that crop production isn't keeping pace with demand.
Global wheat stockpiles probably will fall to a 30-year low this year, while corn inventories
02/26/2008 06:42AM
CHICAGO -- Supply fears sparked a rally in Minneapolis Grain Exchange wheat futures, with the nearby contract climbing nearly 25% on the day. MGE March wheat surged to a record $25 a bushel before closing up $4.75, at $24 a bushel. Most-active May MGE wheat rose by the exchange-imposed daily limit of
12/30/2007 09:26AM
BEIJING (AP)--China will levy taxes next year on exports of basic food products such as wheat and soybeans, the Ministry of Finance said Sunday. The tax is an apparent effort to slow a surge in food prices by encouraging producers to sell more at home. It will also apply to corn, rice, and other basic
11/04/2007 03:09PM
The agricultural sector accounts for nearly 20% of Iran’s Gross Domestic Product and employs about 30% of its labour force. However, despite the availability of over 10 million hectares of land for agricultural use, Iran imports 30 to 50% of its annual food requirements.
Currently, about 10% of Iran