tag:blogger.com,1999:blog-23031626518118589772012-02-14T15:46:26.707-05:00Wheat and the Wheat IndustryGarynoreply@blogger.comBlogger821100tag:blogger.com,1999:blog-2303162651811858977.post-25805403271752993292011-03-12T23:43:00.000-05:002011-03-12T23:43:18.993-05:00

Wheat headed for the biggest weekly drop in more than two years in Chicago after the U.S. unexpectedly raised its global supply estimate. Rice and corn also declined on forecasts for bigger supplies. Global wheat inventories will total 181.9 million metric tons at the end of the marketing year on May 31, up 2.3 percent from last month’s estimate, the U.S. Department of Agriculture said

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-56263495867923905792011-02-24T23:05:00.002-05:002011-02-24T23:05:58.646-05:00

Wheat extended a collapse and corn and soybeans also fell as traders speculated that a jump in energy costs caused by protests across North Africa and the Middle East will curb growth and demand for grains. Riots already ousted leaders in Egypt, the world’s biggest wheat importer, and in Tunisia, and opposition groups have seized control of eastern cities in Libya. While wheat traded in Chicago

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-36642930641594971222011-02-24T23:03:00.000-05:002011-02-24T23:03:26.562-05:00

DROUGHT across five provinces responsible for more than half China's 100 million tonne wheat crop could trigger a major foray into global markets - including Australia - by a nation which prides itself on being largely self sufficient in wheat. Shandong Province, which traditionally grows 20 per cent of China's wheat, is facing its worst drought in 200 years. In other areas the big dry is the

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-84739955782173257352011-01-29T23:36:00.000-05:002011-01-29T23:36:21.815-05:00

Wheat fell the most in two months as the cost of the commodity may slow demand for U.S. supplies. Corn prices also dropped. Wheat has soared 70 percent in the past year as bad weather damaged crops in Canada, Australia and Russia. U.S. export sales fell 13 percent in the week ended January 20 from a week earlier, Department of Agriculture data revealed. Speculators have cut back on bets on

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-27606802924075138062010-08-07T10:58:00.000-04:002010-08-07T10:59:31.775-04:00

Crop storage has been a problem in India for some time, and this year its hitting hard, as wheat that could have fed up to 210 million people annually is beginning to rot because of lack of warehouses to put it in.According to estimates by the Indian government, about 17.8 million metric tons of wheat is at risk, where it is stored outdoors under tarps, while the monsoon season begins to

Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com1tag:blogger.com,1999:blog-2303162651811858977.post-27249238654285857802010-07-23T17:24:00.000-04:002010-07-23T17:25:52.844-04:00

Wheat futures have been riding high over the last four weeks, but that seems about to end, even though weather conditions in Canada and Russia continue to cause problems for the grain.The challenge for wheat, as it has been for years, is the increasing amount of acreage around the world being dedicated to growing the grain. With that in mind, the inevitable bad weather in various parts of the

Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-24477035881259417892010-07-03T16:51:00.000-04:002010-07-03T16:51:39.882-04:00

Higher than normal level of toxins are slashing the income of some farmers in Ohio. According to representatives of the Ohio State University Extension Service, vomitoxin levels are the worst in seven to ten years in some areas of the state, especially areas where it's cooler and wet. A wet May in particular produced conditions for the fungus to thrive. The high levels of toxins limit the use

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-18524760041935209582010-07-02T01:05:00.002-04:002010-07-02T01:05:25.999-04:00

After the largest gain in over four months, wheat futures in Chicago fell again, and according to the Commonwealth Bank of Australia, wheat prices could continue falling. “The global economic recovery is looking increasingly unstable,” Commonwealth Bank of Australia said in a note to clients today. “U.S. harvest pressure also remains a risk” and wheat prices could keep declining. Wheat farmers

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-81511822998915043262010-07-01T23:35:00.003-04:002010-07-01T23:38:00.975-04:00

Winter wheat acreage planted in fall 2009 in South Dakota was down 26 percent from the year before, coming to a total of 1.25 million acres, a major decline from the 1.70 million acres in 2008. Of those acres expected to be for harvest, as of conditions on June 1, 1.18 million should be harvested, a decrease of 350,000 last year. That's 23 percent down from the 1.53 million harvested the year

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-63700053563778266212010-06-11T23:14:00.000-04:002010-06-11T23:14:08.057-04:00

Rain in Kansas has slowed down the wheat harvest, as just after it got started things had to be temporarily shut down. Estimates are farmers will have to wait until the weekend before resuming harvest, which was very spotty across the state. The largest amount of wheat harvest I heard of was in the Kiowa area, which was able to complete 232,000 bushels last weekend before the rains came. About

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-4808553246853715262010-06-11T23:09:00.002-04:002010-06-11T23:09:07.216-04:00

The wheat ending stocks are projected to be at 991 million bushels, according to the latest USDA figures, down a little from May, but irrelevant because of the enormous supply. Even with the news out of Canada that wheat production is lower because of less acreage planted than originally thought, it's not going to do much to move prices at all. And there is so much wheat the wet weather

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-70603565692176270772010-06-08T22:24:00.000-04:002010-06-08T22:24:55.193-04:00

Good weather has resulted in a strong wheat crop, and consequently wheat futures plunged to a 3-year low as harvest in the southern U.S. Great Plains States begins. Precipitation was the major factor in the bumper yields, as there was four times as much rain in the last month than normal, according to National Weather Service data. Wheat futures for July delivery fell 3.5 cents, 0.8 percent, to

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-55714974644558183072010-05-08T23:29:00.000-04:002010-05-08T23:29:10.614-04:00

With farmers planting 13 percent less acreage of wheat this year, the winter wheat production is projected to fall 3.7 percent, according to Informa Economics. This year will bring in approximately 1.466 billion bushels of wheat, in comparison to the 1.523 billion bushels last year. Yields should rise to about 46 bushels an acre from the 44.2 bushels an acres produced in 2009. Harvests are up

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-89996457272930731282010-04-10T15:35:00.000-04:002010-04-10T15:35:21.178-04:00

Spring Wheat Acreage In somewhat of a surprise, spring wheat acreage will be higher by about 5 percent, although estimates of wheat plantings for the year are that they'll be down by 9 percent, according to the Planting Intentions Report. Total acreage to be planted includes hard red and white wheat, and will come in at 13.9 million acres. Although the final numbers aren't in yet, not much is

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-29772856056942331482010-03-10T23:40:00.001-05:002010-03-10T23:42:49.806-05:00

Wheat Inventory HighStockpiles of wheat are leaving the industry reeling even more, as the largest inventory in over 20 years is emerging from the heavy wheat harvest.Projections are there will be close to 1 billion bushels of wheat in the warehouses and bins when the harvest comes in; 20 million bushels beyond the estimates of the USDA. The already low prices will drop even lower, as farmers

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-7148679193719847722010-03-09T20:59:00.000-05:002010-03-09T21:00:05.013-05:00

Contact UsYou can contact any of the authors of Wheat Wise at allenine@comcast.net. Authors can be fowarded your email if you want to contact one individually. Ray EsallyGary ThomasTommasino ConitoAllen NineKyle Simon

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-88829169599714287072010-03-09T20:58:00.000-05:002010-03-09T20:59:05.234-05:00

Wheat Wise Author TeamRay EsallyGary ThomasTommasino ConitoAllen NineKyle Simon

Garynoreply@blogger.com1tag:blogger.com,1999:blog-2303162651811858977.post-51423485892773181642009-10-01T16:51:00.000-04:002009-10-01T16:52:48.025-04:00

The sixth straight quarterly drop by wheat is the longest losing streak in a minimum of 50 years, as global supply far exceeds demand, continuing to put downward pressure on wheat prices.According to USDA data, global wheat stockpiles have increased by 10 percent to reach 186.6 million tons during 2009-2010. Oveall production could reach as high as 663.7 tons, only behind last year's 682.3

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-62513628374657626792009-08-15T23:58:00.001-04:002009-08-16T00:00:28.052-04:00

Wheat Futures PricesWheat futures in the U.S. should continue to go nowhere for some time ahead unless something extraordinary happens where huge losses come about, which could probably only happen in Australia.Production estimates for wheat continue to increase while demand decreases, cutting back significantly on wheat exports.The USDA estimated 2009 U.S. wheat production was raised to 2.184

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-60204263609728431742009-08-10T16:47:00.001-04:002009-08-10T16:51:17.842-04:00

Exports of U.S. wheat promise to be down significantly for 2009-2010, according to the USDA, as projections are for about 925 million bushels of wheat to export during that time period, where the marketing year began on June 1.Assuming this is accurate, which it seems it's close, that would be 90 million less bushels of wheat exported this year over last, and a huge 339 million less than the 2007

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-67919964960928549252009-08-03T21:34:00.000-04:002009-08-03T21:36:09.697-04:00

Wheat MarketWheat futures continue their downward slide as they are down a whopping 33 percent from the same time last year, and the overall market looks to continue to be bearish, as international demand continues to slide.“The wheat market is in a slumber,” Stuart Richardson, Australian commodity management spokesman for the Melbourne- based company, said today. “Flour mills around the world

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-90075546891313455812009-07-28T15:48:00.000-04:002009-07-28T15:50:05.607-04:00

Perennial Wheat ResearchWhile the idea of developing a perennial wheat strain is a great one, the thought of using taxpayers money to do it is outrageous.Researchers at Michigan State University are recipients of the $1 million in federal grants (taxpayers money) to work on developing a perennial wheat strain.There's the potential to generate huge savings for farmers if wheat didn't have to be

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-21799610421235576502009-07-28T15:40:00.000-04:002009-07-28T15:41:09.684-04:00

Montana Winter Wheat HarvestReports are the winter wheat harvest in Montana has started, according to the Montana Crop Weather Report issued Monday at the Montana Field Office of the National Agricultural Statistics Service.Approximately 4 percent of the state's winter wheat harvest is complete, in contrast to 2 percent during the same time period last year. This is far behind the five-year

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-10501972230938287112009-07-22T00:23:00.000-04:002009-07-22T00:50:19.760-04:00

Wheat MarketsThe attempt by the government to regulate and interfere with the wheat market could be another disaster in the making, as the completely foolish, misguided and clueless Democrats continue their assault on free markets.According to Charles Carey, vice chairman of CBOT owner CME Group Inc., government restrictions on trading "are more likely to be harmful to the functioning of our

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-30109236566047061402009-07-17T19:10:00.000-04:002009-07-17T19:12:45.365-04:00

Biotech Modified Wheat There can be no doubt that whether opposition to modified wheat like it or not, there will be commercialization sometime in the near future, as the alternative could never be acceptable.Growing demand for wheat products and other foodstuffs will continue for some time, as emerging markets and growing middle classes increase their food consumption.A lot of U.S. farmers have

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-69007231853493243452009-07-15T16:56:00.000-04:002009-07-15T16:58:30.732-04:00

Monsanto Looking to wheat to drive share prices upLooking for more ways to increase their share price, Monsanto is looking to wheat as a significant means of doing that, and recent aquisition of WestBred LLC is the first significant step in that direction, although it could take a decade before the investment pays off.Knowing it needs a way to expand market share in wheat, Monsanto a Monsanto

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-25156460609541595022009-07-08T23:28:00.003-04:002009-07-08T23:35:55.509-04:00

India wheat exports down in fiscal yearIn the midst of high local prices, projections are it will limit India's wheat and wheat product exports in the fiscal year ending March 2010, although the country has eased an earlier ban on exports this month to allow limited shipments.On July 3, the federal government allowed three state-run firms - MMTC, STC and PEC - to export 300,000 tons each of wheat

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-88502298877710665352009-06-05T15:39:00.002-04:002009-06-05T15:43:40.413-04:00

Wheat PricesDurum wheat hasn't followed the trend of its spring wheat counterpart, as it lages behind the higher prices spring wheat have brought so far this year. Though some local cash durum prices have risen slightly they have not risen at the same level as spring wheat.“Unfortunately durum hasn't enjoyed the same price increases as hard red spring wheat,” Olson said. “In fact, durum cash

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-92100741468795130102009-06-04T17:00:00.001-04:002009-06-04T17:03:17.653-04:00

WheatWheat inventories in India are likely to remain large given the expectation of another bumper crop this year and limited export opportunities, said the Food and Agriculture Organization (FAO) of the United Nation in its latest report. Inventory in India, another major producer and stockholder, is forecast to remain unchanged at a five-year high of 17.8 million tonnes. But another bumper year

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-22793933581906732882009-02-19T02:24:00.002-05:002009-02-19T02:29:45.150-05:00

Stem rust has returned with a vengeance 50 years after it was thought to eradicated, and now called UG99, it is decimating wheat in Kenya and going viral by spreading to other countries surrounding Africa. The diseases came back in 1999, and skipped across the Red Sea to Yemen in 2006 and was discovered in Iran last year. Crop scientists say there is no defense at this time to stop its spread and

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com6tag:blogger.com,1999:blog-2303162651811858977.post-56242287893132926342009-02-06T15:32:00.002-05:002009-02-06T15:35:45.680-05:00

The wheat drought in China could end up being more of a worry than a reality as the country rolls out heavy irrigation efforts to save the wheat crop.China's main wheat crop may yet emerge mostly unscathed from a dire drought as Beijing moves to fund last-minute irrigation, reviving crops that might otherwise have been left to die by farmers struggling with low prices and oversupply.A domestic

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com1tag:blogger.com,1999:blog-2303162651811858977.post-62975451910018331412009-01-25T20:13:00.001-05:002009-01-25T20:17:55.349-05:00

Although a number of crops are failing in Argentina, including corn and soy, wheat is also participating in the destructive drought that is crushing the entire agriculture sector of Argentina.The commodity grain sector hasn't moved with the metals market, as demand for everything is down, even though people still need to eat, as well as their livestock.This is particularly difficult for Argentina

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-53620930774063847852009-01-16T16:33:00.001-05:002009-01-24T15:08:12.873-05:00

Some traders are looking for any tidbit of information to keep the wheat prices up, but I don't think they can hold for too long.Much of the argument for wheat prices holding is the dry weather in a couple regions in South America.But with prices higher now than the fundamentals warrant, it's hard to believe people seriously think losing a little bit of the global crop will really make much

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-5710117025144632772009-01-14T19:43:00.000-05:002009-01-14T19:45:28.408-05:00

CHICAGO, Jan 14, 2009 (Dow Jones Commodities News via Comtex) --By Tom Polansek Of DOW JONES NEWSWIRESU.S. wheat futures settled higher Wednesday in choppy trading amid worries about the potential for plant damage from a deep freeze in the U.S. Chicago Board of Trade March wheat futures gained 3 1/2 cents to $5.74 1/4 per bushel. Kansas City Board of Trade March wheat edged up 3 cents to $6.00,

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-49415910725800789002009-01-12T17:50:00.000-05:002009-01-12T17:53:21.737-05:00

While wheat didn't revise estimates near as much as corn, global projections still rose 0.7 percent to 148.4 million metric tons by the close of the marketing year on May 31, according to the USDA.Estimates are there will be a surplus of U.S. wheat of 655 million bushels - an increase of 5.1 percent - by May 31. That will be over double the 306 million bushels available last year.December wheat

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com5tag:blogger.com,1999:blog-2303162651811858977.post-22976153774912912412009-01-10T20:38:00.000-05:002009-01-10T20:41:17.841-05:00

Although wheat was able to post gains of about 1 percent, primarily on the dry weather pattern in South America, overall poor demand still weighs on upward movement, and should cause the grain to fall.Another help for prices this week were some investment funds reentering the commodities market.Global wheat supplies are abundant this year, and most are less expensive than American wheat, which

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-32771549438411106152009-01-05T21:59:00.000-05:002009-01-05T22:08:40.207-05:00

In response to pressure over the last year, the CBOT has responded to requests from its regulator, the Commodity Futures Trading Commission, and will now limit the number of warehouse receipts and grain shipping certificates a non-grain company can hold.This is especially targeted to soft red winter wheat contracts, to improve its hedging effectiveness, which has been dismal for some time. At the

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-89736029680331466542009-01-03T19:36:00.000-05:002009-01-03T19:41:52.058-05:00

ScienceDaily (Jan. 1, 2009) — Anton, a hard white winter wheat cultivar developed by Agricultural Research Service (ARS) and University of Nebraska (UN) scientists, is now available for production in the Northern Plains region as a source of high-quality flour for bread, noodles and other baked goods.Anton is the product of 15 years of selective breeding and evaluation by scientists with ARS'

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-71371826569562200242008-12-26T18:22:00.000-05:002008-12-26T18:25:27.445-05:00

Kansas City, Dec 26, 2008 (Dow Jones Commodities News via Comtex) -- USDA Thursday released the following export highlights in its Export Sales report for week ended Dec 18. Wheat: Net sales of 253,600 metric tons were down 3 percent from the previous week and 12 percent from the prior 4-week average. Increases reported for Mexico (58,600 MT), Egypt (57,800 MT), Taiwan (56,000 MT), Japan (53,700

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com1tag:blogger.com,1999:blog-2303162651811858977.post-26215981111787165142008-12-22T00:52:00.000-05:002008-12-22T00:53:32.034-05:00

With the bulls concerned over the first strong cold weather of the season possibly may damage the dormant wheat crops, prices for the week ended up.Even though Friday prices were softer, the overall week had KCBT wheat rising by 44.75 cents to $5.83 a bushel, MGE grew by 35.25 cents to $6.2525 a bushel and March CBOT led them all, gaining 50.25 cents to finish the week at $5.6325.Although there

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-11707296873988696782008-12-13T00:03:00.000-05:002008-12-13T00:08:03.591-05:00

United States Department of AgricultureAgricultural Marketing Service Economic Research ServiceFarm Service Agency Foreign Agricultural ServiceWASDE-465 Approved by the World Agricultural Outlook Board December 11, 2008WHEAT: Projected U.S. wheat ending stocks for 2008/09 are raised 20 million bushels this month on higher imports and lower food use. Wheat imports are projected 10 million bushels

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-16745818719510027302008-12-09T14:55:00.000-05:002008-12-09T15:08:17.686-05:00

Wheat rose today on news in a statement from the Australian Bureau of Agriculture and Resource Economics which said drought conditions could significantly delay the Australian wheat harvest, and also could have a detrimental effect on the quality of the grain produced.This seems like it's only a upward blip in the road, as there's so much wheat available for export this year, any news will cause

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-22629123878716638492008-12-06T20:52:00.000-05:002008-12-06T22:33:46.798-05:00

With record-setting wheat production this year, prices have been plummeting, putting pressure on the U.S., the world's largest exporter.If that's not enough, the high-end wheat market is now receiving potentially more competition, as Taiwanese wheat importers are visiting Australia to get a first-hand look at how they produce, handle and transport their wheat.AgFarm, an Australian grain trading

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-64892255182223780272008-11-26T13:47:00.000-05:002008-11-26T13:48:13.830-05:00

Even though South Africa, Australia and Argentina haven't harvested their wheat yet, current wheat harvests around the world have already broken a global record. Over the last three years worldwide consumption has been 22.9, 22.7, and 22.7 billion bushels. So far this year 23.3 billion bushels have been harvested. If consumption is similar to the past years, we'll see ending stocks increase by

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-56050758394897303172008-11-21T23:27:00.000-05:002008-11-21T23:29:42.682-05:00

There are some things that would have to be overcome in order for Brazil to import some U.S. wheat this year; something that has become rare since the agreement between several South American countries to sell grain between countries with no duty attached to the deals. While Argentina usually supplies the bulk of wheat to Brazil, this year their production has fallen drastically from last year's

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-30951288349929409672008-11-14T21:03:00.000-05:002008-11-14T21:05:11.105-05:00

Completes Transition to Biomarker Discovery and Diagnostic Test Development Company SYDNEY, Australia, Nov 14, 2008 (BUSINESS WIRE) -- Proteome Systems Ltd (ASX:PXL) (TDX Pending) announced today that shareholders have voted in favour of an official name change to Tyrian Diagnostics Limited. The Company's ASX code will change to "TDX" on November 19, 2008. "Over the past few years, the management

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com3tag:blogger.com,1999:blog-2303162651811858977.post-24772046326465689072008-11-10T13:36:00.003-05:002009-02-11T16:52:52.892-05:00

Wheat ending stocks for 2008-2009 are slightly higher than trade estimates of 594 million-bushel-average, as well as the 601 million-bushel average the USDA projected for October.The overall global wheat production has risen, while some individual countries fluctuate. Argentina for example announced its production fell by 1 million metric tons to 11 million, while India has had such a good wheat

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com50tag:blogger.com,1999:blog-2303162651811858977.post-11742551647247581722008-11-09T13:13:00.000-05:002008-11-09T13:17:15.823-05:00

Norman BorlaugWith concerns wheat stem rust Ug99 could decimate the grain around the world, the International Conference on Wheat Stem Rust Ug99 was held in New Delhi to look at the potential threat.Dr. Norman Borlaug, who identified the potent danger in Ug99, talked to those attending via a video conference. He was one of the leaders in developing the Borlaug Global Rust Initiative (BGRI) in

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-74252001114251724212008-11-07T16:08:00.000-05:002008-11-07T16:09:27.193-05:00

Nov 07, 2008 (Datamonitor via COMTEX) -- ConAgra Mills, a brand of ConAgra Foods, and MGP Ingredients have signed a new, long-term flour supply agreement. In line with this, MGP Ingredients (MGPI) will source flour for its value-added wheat protein and starch ingredients exclusively from ConAgra Mills. As part of the agreement, ConAgra Mills will take over wheat sourcing, production, risk

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com102tag:blogger.com,1999:blog-2303162651811858977.post-57661310865170395772008-11-05T23:30:00.000-05:002008-11-05T23:32:48.988-05:00

The price of wheat in the U.S. fell to its lowest level in three weeks as traders aren't optimistic about the comming Department of Agriculture report on export sales data.Expectations are the global crop will dampen the demand for American wheat, as production has increased in emerging countries.Wheat that was inspected for export from the U.S. came in at about 13.2 million bushels for the week

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-40845424021351305182008-10-28T19:17:00.000-04:002008-10-28T19:18:12.445-04:00

The U.S. Department of Agriculture report was so good for wheat, that it has exceeded last year's condition by a whopping 55 percent for the same time frame.As of October 26, 65 percent of winter wheat was in either good or excellent condition said the USDA report. With the plethora of wheat available, wheat futures dropped 15.5 cents to $5.14 a bushel on the Chicago Board of Trade. Much of this

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-64812501507235520362008-10-24T21:07:00.000-04:002008-10-24T21:10:08.016-04:00

It wasn't too long ago that it took ten years for a new variety of wheat to move from the greenhouse to the fields. That has all changed now as wheat lines are able to be diagnosed much quicker than their past counterparts.In simple terms, a scientist looks for what they call molecular markers, which are what is measured to determine if a particular trait desired by the breeder is inherent in the

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-152562182668358082008-10-22T22:11:00.000-04:002008-10-22T22:16:39.137-04:00

Pasta recipes from North Africa to Russia celebrate World Pasta Day PARKER, Colo., Oct 22, 2008 /PRNewswire via COMTEX/ -- In celebration of World Pasta Day on Saturday, October 25th, the Wheat Foods Council explores pasta's global influence with World of Pastabilities. Beginning in October, people can get a "taste" of pasta in a variety of ethnic cuisines via educational information and

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-7354957510824400982008-10-15T14:26:00.000-04:002008-10-15T14:28:19.571-04:00

Wheat prices in the European Union fell today, largely tracking the global markets and U.S. grain futures.The emotional boost from the central banks' PR machine around the world is largely over, and even if bankruptcy on a global scale has been avoided, the fundamentals underlying the problem remain, and most commodities, including wheat, continue to feel the downward pressure as a result.In

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-26451059314746290192008-10-14T13:06:00.000-04:002008-10-14T13:07:46.883-04:00

Thursday will be the last day feed wheat will be offered ICE Futures Canada exchange, as the October 2008 contract on Thursday will be the last offered.In place of the feed wheat contract, which simply drew little interest, the InterContinental Exchange (ICE), parent of ICE Futures Canada, suggests the transition to western barley futures instead, which closely mirror the Canadian domestic feed

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-82324572114657918612008-10-10T13:04:00.000-04:002008-10-10T13:06:04.833-04:00

The U.S. Department of Agriculture's supply/demand report on wheat carryout surprised a number of industry analysts, as they were looking for carryout to fall, as overseas demand and increased usage for feed generated the assumption carryout would decrease.On the contrary, government estimates for 2008-09 wheat carryout increased from 574 million bushels to 601 million. The major reason for all

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-55704127652495376082008-10-08T23:57:00.000-04:002008-10-08T23:58:49.476-04:00

Australian farmers should have another arrow in their wheat quiver as a new variety named Gascoigne has been developed that has worked well in past trials.According to CSIRO it will probably perform best in the south-east New South Wales area.CSIRO wheat breeder Garry Rosewarne said:"It topped two trial sites in a very dry environment, but we've also had this in trials in 2004 and 2005 when they

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-35746915301452008972008-10-07T00:01:00.000-04:002008-10-07T00:03:37.593-04:00

Commodities continue to take a beating as the markets worldwide become under increasing pressure. Wheat suffered along with most others as they tumbled on all the exchanges. Along with the economic conditions, other factors were the stronger U.S. dollar and the drop in price of soybeans and corn. A stronger U.S. dollar makes investments in commodities less attractive to foreign traders.The

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-86309640639431456172008-09-26T17:18:00.000-04:002008-09-26T17:19:32.167-04:00

With no fresh news on underlying wheat fundamentals, the grain followed other commodities down based on the unsurety of the economic bailout of the financial sector in the U.S.December wheat at the Chicago Board of Trade fell by 20 1/4 cents to $7.16 a bushel as investors held back with the weekend coming up and the economic uncertainty. The Kansas City Board of Trade followed suit as it came

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-29148390430877009852008-09-17T18:48:00.000-04:002008-09-17T18:49:45.634-04:00

With the U.S. dollar falling and investors fleeing equities, the commodity market surged today as many of the dollar-denominated commodities enjoyed a significant uptick. Wheat was part of the swing.Wheat futures in the U.S. increased by 5 percent Wednesday, moving up from its lowest level in over a year.December wheat futures on the CBOT ended at $7.25-3/4 a bushel, up 35-3/4 cents, a 5.18

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-51975763140355611672008-09-04T18:48:00.000-04:002008-09-04T18:56:34.065-04:00

Even though some areas in Australia may experience a drop in wheat production because of an ongoing drought, overall the country is expected to enjoy a huge increase in exports in contrast to previous years.The USDA projects about a 25 million ton harvest in 2008-09, in comparison to 13 million tons in 2007. That amount (25 million tons) is expected to be revised down in the next USDA report.

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-82599394760673042132008-08-21T18:50:00.000-04:002008-08-21T18:51:37.195-04:00

Wheat enjoyed a comeback on Thursday, as it reached an eight-week high, as crude oil helped lift it up, along with a weakening U.S. dollar. Corn and soybean increases also helped push the commodity upwards.On the CBOT, December wheat ended the session up 22 3/4 cents at $9.22 1/4 a bushel. December wheat at the Kansas City Board of Trade finished at 23 1/2 cents higher at $9.50 3/4, while

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-89640131615828943842008-08-19T18:47:00.000-04:002008-08-19T18:55:27.955-04:00

US Wheat Review: Slumps In Setback; Consolidation SeenWheat Rises as Dry Spell May Curb Australia Crop for Third YearIndia May Harvest Record Wheat Crop on Rainfall Kansas Wheat Report: 2008 Quality Above AverageWA gets new wheat export marketWheat outlook good in North DakotaWheat was once a diplomatic toolManitoba crop report: showers delay harvestExports of cereals (Romania) climb to 132

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-32813229919558254302008-08-11T17:55:00.000-04:002008-08-11T18:10:22.125-04:00

The end of the huge profits for wheat producers may come to an end next year as skyrocketing prices of inputs, in the face of flattening prices, will challenge producers to manage their costs more efficiently than ever.Prices of almost everything have increased significantly, including fuel, fertilizer, machinery, labor, crop insurance and seed. A number of these inputs have surged by almost 20

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-30271062048259159282008-08-06T16:35:00.000-04:002008-08-06T16:36:20.654-04:00

Even though wheat partook in the plunge in prices of crop cousins soybeans and corn, it still held up pretty good taking all factors into consideration. September wheat on the CBOT dropped by 14 1/4 cents to $7.65 3/4 a bushel, while Kansas City Board of Trade September wheat dropped 10 1/2 cents to $7.96, and Minneapolis Grain Exchange September wheat rose 1/2 cent to $8.53 3/4.There were about

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-53725494494721608942008-08-02T19:10:00.000-04:002008-08-02T19:18:01.781-04:00

The Kansas City Board of Trade trading volume for the month of July ended at 300,025 contracts in the hard red winter wheat futures contract, which makes it the third-largest trading volume for the month of July, although far behind 407,032 contracts in 2007 and 377,494 contracts in 2006.Price volatility continues, as during the month of July, the nearby contract traded in a range of 98 cents, as

Garynoreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-24127887426259922232008-07-14T22:08:00.000-04:002008-07-14T22:09:08.294-04:00

The winter wheat harvest has fallen behind last years pace, as the USDA reports as of Sunday, only 62 percent is in the bins, while last year at the same time 67 percent had been stored.It is also significantly below the 5-year average of 70 percent. The good news is it did increase by 10 percent over last week.

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-21728098564640541472008-05-02T17:52:00.000-04:002008-05-02T17:53:27.206-04:00

For the first time in four days, wheat increased in price, as investors think importers may start to increase acquisitions from the U.S. as wheat prices fave declined.On Thursday the grain fell to $7.765 a bushel, the lowest price since November 20, 2007. It's also down over 40 percent in price from the record it attained in the latter part of February."Below $8 a bushel, we may see some buying

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-15193823023258344412008-04-25T23:29:00.001-04:002008-04-25T23:30:57.352-04:00

Since the record price of wheat in February, prices have continued to fall as an expected large harvest has caused the golden grain to fall by 40 percent since the $13.50 a bushel record.On the Chicago Board of Trade (CBOT) soft red winter wheat has plunged to $8.01 a bushel, the lowest since November 2007.According to the International Grain Council, wheat will probably reach a record harvest of

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-69738362025675175492008-04-20T16:01:00.000-04:002008-04-20T16:03:12.232-04:00

A report from Utrecht, Netherlands-based Rabobank, says the global production for wheat should increase by 6 percent this year, making it a record harvest globally. Motivating the higher output is the increasing prices of the commodity, based on growing food demand, investors, biofuels and feed for animals. Stockpiles around the world also plunged last year causing the grain to increase in price

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-88638820429807212512008-04-17T16:45:00.000-04:002008-04-17T16:47:36.438-04:00

Nations continue to acquire domestic wheat from their farmers in an effort to boost reserves as food prices wreak havoc across the world.India has bought 7 percent more wheat than usual from its domestic farmers, in an effort to combat inflation, which has reached a three-year high in the country. A number of state firms bought a combined 3.1 million metric tons of wheat from farmers since April

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-28719142140988638182008-04-11T18:41:00.000-04:002008-04-11T18:44:23.249-04:00

===== Spring wheat market shows some recoveryDespite a slightly bearish Prospective Plantings Report, the spring wheat market showed signs of recovery in the days following.=====World Wheat Production Boosted This Month, Consumption Trimmed, & Stocks RaisedWorld wheat production in 2007/08 is projected up 1.7 million tons this month to 606.7 million. The major increase is for Ethiopia, up 1.2

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-79325888972421741162008-04-09T19:40:00.000-04:002008-04-09T19:41:53.325-04:00

U.S. wheat borrowed from its commodity neighbors corn and soybeans on the CBOT, helping it to gains, even though it was the "the weakest link in there, of all the grains," said Larry Glenn, owner of Glenn Commodities. "It's been following."On the Chicago Board of Trade, May wheat remained at $9.34 a bushel. Minneapolis Grain Exchange May wheat ended at $13.20, a 5 cent increase, and May Wheat on

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-87541278451786350242008-04-04T18:42:00.000-04:002008-04-04T18:47:30.184-04:00

Wheat outlook and news=====Grant Given to Cornell to Fight Wheat DiseaseBill and Melinda Gates Foundation awards Cornell $26.8 million.=====US Wheat Review: Up On Short-Covering; MGE May Rises Limit U.S. wheat futures ended higher Friday on technical buying and short-covering, with the nearby Minneapolis Grain Exchange contract closing limit-up for the third consecutive day.=====Strength in beans

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-47358885598568933312008-04-03T20:32:00.000-04:002008-04-03T20:34:04.801-04:00

With dry weather expected to continue in the great plains, wheat rose for the second day in a row, as the winter crop is coming out of dormancy.Both western Kansas and Texas, along with the Oklahoma Panhandle haven't received rain for two weeks, and there isn't any precipitation expected in the next five days either. Meteorologists say the severe draught, which extends from Texas to the Canadian

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-40950878718751310082008-04-02T18:59:00.000-04:002008-04-02T19:03:02.847-04:00

U.S. wheat futures finished higher at the exchanges, as they bounced back after the recent sell-offs, according to traders.Contrary to the concerns over the wet acreage affecting planting of corn, wheat is having the opposite problem, as dry weather in key areas may end in the abandonment of wheat acreage in a number of places. There were also concerns about some excess precipitation in soft

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-26039046216929452992008-04-01T17:05:00.000-04:002008-04-01T17:07:54.617-04:00

Wheat and other commodities continue to fall on the assumption the strengthening U.S. dollar and equities market will continue to rise. Another variable is the increase in planting this year which could cause prices to fall in the long term."Some of the financial stocks look better, and some people feel that the worst is over" for the U.S. economy, said Vince Ambrose, a trader at MF Global in

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-88425354691933986352008-03-28T19:14:00.000-04:002008-03-28T19:17:40.045-04:00

Weekend roundup for Wheat=====China raises prices paid to rice and wheat farmersChina said Friday that it would pay farmers more for rice and wheat, in a move aimed at raising output and cooling surging inflation that threatens to fuel unrest ahead of the Olympic Games.=====Wheat, oils & pulses likely to get cheaper in a global villageFor India, the crash in global commodity prices comes as an

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-53662895551349048882008-03-27T01:35:00.000-04:002008-03-27T01:42:21.881-04:00

On Friday, March 28, it needs to be remembered that the Kansas City Board of Trade has been given approval by the Commodity Futures Trading Commission (CFTC) to change the daily price limits for hard red winter wheat options and futures.Since it's the effective business date, it entails the evening session on Thursday, March 27, 2008.The press release said:"The initial daily price limit for wheat

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-85219487204637282752008-03-24T20:58:00.000-04:002008-03-24T21:00:20.486-04:00

For May Wheat, it climbed by 32 1/2 to finish at 1020, finishing off its high of 42 1/4, but up by 32 1/2 from its low. July Wheat finished a little lower, ending at 1018 1/2, which was 36 down from its high, and up 45 from its low. Traders on the floor said weather was one of the major factors today, as weather in the west and southwest continues to be dry in the hard red wheat areas, while wet

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-83003601443906552052008-03-24T20:11:00.000-04:002008-03-24T20:36:43.542-04:00

With wheat and corn being two of the primary food sources in the world, the U.S. government needs to only look in the mirror to find out where the origination of these huge price increases are coming from.Why? The totally ignorant idea to mandate ethanol increases is proving to be a destructive force in food prices around the world.The reason the wheat prices are increasing, is the growing price

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-2303162651811858977.post-31863736580566004672008-03-20T22:22:00.002-04:002009-04-03T22:54:06.831-04:00

Update April 2009 - Privacy PolicyThis website/blog uses third-party advertising companies to serve ads when visiting this site. These third parties may collect and use information (but not your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you.If you would like more

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0