Idaho Farm Bureau's Podcast Podcast Artwork Image
Idaho Farm Bureau's Podcast
Wheat market continues with gains
February 06, 2018 Idaho Farm Bureau
Idaho Farm Bureau's Podcast

Wheat market continues with gains

February 06, 2018

Idaho Farm Bureau

Wheat futures showed 8 cent gains in most contracts on Tuesday. World ending stocks are expected to see a slight reduction in Thursday’s USDA report. On Tuesday, Taiwan purchased 77,000 MT of US wheat for March-April shipment. Japan is seeking 100,000 MT of wheat from Australia, Canada, and the US. The weekly deal will close Thursday, with 33,000 MT coming from the US. Ethiopia is seeking 400,000 MT of wheat, with the deal to close February 13.
Wheat futures showed 8 cent gains in most contracts on Tuesday. World ending stocks are expected to see a slight reduction in Thursday’s USDA report. On Tuesday, Taiwan purchased 77,000 MT of US wheat for March-April shipment. Japan is seeking 100,000 MT of wheat from Australia, Canada, and the US. The weekly deal will close Thursday, with 33,000 MT coming from the US. Ethiopia is seeking 400,000 MT of wheat, with the deal to close February 13.
See All Episodes