Tag: wheat

Wheat Futures Rise on Exports Restrictions, Russia/Ukraine Crisis, Soaring Inflation: What’s Next?

The Teucrium Wheat Fund (WEAT) gapped up 3.34 percent on Monday. The fund, which tracks the price of wheat futures, shot up almost 9 percent between May 9 and Friday and has soared almost 70 percent higher since Feb. 3. The Teucrium Wheat Fund’s gap up open was a response to India’s decision to restrict wheat exports…


Video Captures Chaos After California Church Shooting; Finland and Sweden Closer to NATO Membership | NTD News Today

Deadly shootings over the weekend in New York and California. One, at a supermarket, leaving ten people dead. Another, at a church, where senior citizens cut the gunman short. Finland and Sweden both show interest in joining NATO, but full member approval is necessary for admission, and NATO member Turkey has some reservations. India is…


Video Captures Chaos After California Church Shooting; Finland, Sweden to Apply to Join NATO | NTD News Today

Deadly shootings over the weekend in New York and California. One, at a supermarket, leaving ten people dead. Another, at a church, where senior citizens cut the gunman short. Finland and Sweden both show interest in joining NATO, but full member approval is necessary for admission, and NATO member Turkey has some reservations. India is…


California Churchgoers Detain and Hog-Tie Shooter; Finland, Sweden Will Apply to Join NATO | NTD News Today

Deadly shootings over the weekend in New York and California. One, at a supermarket, leaving ten people dead. Another, at a church, where senior citizens cut the gunman short. Finland and Sweden both show interest in joining NATO, but full member approval is necessary for admission, and NATO member Turkey has some reservations. India is…


Australian Scientists Find Way to Make Better Wheat

An Australian led team of international researchers has discovered a gene in wheat that helps produce higher quality crops. The scientists say the discovery could lead to increased protein in wheat by up to 25 percent with the potential to help improve its nutritional and economic value. Researchers from the University of Adelaide and the…


Wheat Closes at the Highest Since Late March on Supply Worries

By Tarso Veloso and Megan Durisin From Bloomberg News Wheat futures rose for the second consecutive day with worries about short-term supply and adverse weather for crops. Adverse weather across the U.S. plains states is giving support to futures, while the Ukrainian grain association expects that its harvest could shrink to 18.2 million tons, almost…


UN Food Chief Warns of Global Crisis Not Seen Since World War II

The U.N. food chief on Tuesday warned that Russia’s Ukraine invasion will have a global impact “beyond anything we’ve seen since World War II” and that the war has created “a catastrophe on top of a catastrophe.” “We would have never dreamed anything like this would be possible,” David Beasley, executive director of the U.N….


Wheat Prices Soar on Ukraine Fears, but US Growers Can’t Cash in

CHICAGO—After Russia’s invasion of Ukraine sent global wheat futures soaring, U.S. farmer Vance Ehmke was eager to sell his grain. Local prices shot up roughly 30 percent to nearly $12 a bushel, about the highest Ehmke could recall in 45 years of farming near the western Kansas town of Healy. Instead of reaping a windfall,…


China Agriculture Minister Says Winter Wheat Condition Could Be Worst in History

BEIJING—The condition of China’s winter wheat crop could be the “worst in history,” the agriculture minister said on Saturday, raising concerns about grain supplies in the world’s biggest wheat consumer. Speaking to reporters on the sidelines of the Chinese regime’s annual political meetings, Minister of Agriculture and Rural Affairs Tang Renjian said that heavy rainfall…


Bread Consumers to Swallow the Cost of Russia-Ukraine War

WINNIPEG, Manitoba—Russia’s invasion of Ukraine, one of the world’s breadbasket nations, has driven wheat prices to 14-year highs, forcing bread consumers to eat the cost. Russia’s Feb. 24 invasion has severely hampered trade from Black Sea ports, driving up global Chicago benchmark wheat prices by 40 percent and further pushing global food inflation that was…