GFM Network News

Chicago traders are focusing on their domestic surplus rather than on world conditions overall.

Poor U.S. wheat markets may be in for more weakness

Exporters in the European Union, Black Sea region, Australia and 
Canada are all expected to move to protect or gain market share

Reading Time: 4 minutes Reuters/March 2014 Chicago wheat futures started out the 2013 calendar year above $8 a bushel but appear set to end the year struggling to hold above the $6 level. A global pickup in importer demand during late summer had allowed for a brief stint of price strength in early autumn, but the revelation — amid […] Read more