Posts Tagged
wheat prices
Wheat Jumps Most Since ’12 as Funds ‘Spooked’ by Dire Weather
©2015 Bloomberg News NOCWTK6KLVRB (Bloomberg) — Wheat futures posted the biggest gain in almost four years on speculation that hedge funds bailed out of record bearish bets amid concern that adverse weather will damage crops in the U.S., the world’s top exporter. Severe thunderstorms were forecast for the Great Plains
Bloomberg Business: USDA Makes Surprise Cuts to Corn, Wheat Stockpiles Outlook
Copyright 2015 Bloomberg. NL111W6KLVR9 (Bloomberg) — The U.S. government made surprise cuts to its outlook for global corn and wheat stockpiles amid signs of improving grain demand. The forecast for world corn stockpiles was smaller than the lowest prediction in a Bloomberg survey of 16 analysts, a U.S. Department of Agriculture