Reading Time: 3 minutes Is the grain industry ready for a world wheat futures contract? A year-long campaign to force changes in the Chicago Board of Trade’s wheat contract has revived talk of a global contract for wheat. Creation of such a contract is still in the brainstorming stages, with no concrete proposals as of yet. “With the interest […] Read more
Will A World Wheat Contract Replace CBOT Futures?
Will commodities be able to recover in 2009?
Reading Time: 3 minutes Just a year ago the debate about grain prices was simple: how high was high? Huge global demand for grains, governments hoarding food, climate fears amid droughts, storms and floods – basically every bullish factor one could imagine hit the markets. The psychology of short supplies carried over to other commodities as well, especially industrial […] Read more