| 17:44 11/08/2011 | Spillover from corn and soya |
| It looks as though the problems with soya and corn production in the USA are spilling over into wheat futures: From Agrimoney: http://www.agrimoney.com/news/soybeans-jump-after-blowtorch-heat-wilts-us-crop--3469.html http://www.agrimoney.com/news/deep-cut-to-us-corn-hopes-sends-futures-higher--3468.html By pied kingfisher |
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| 13:49 14/07/2011 | Re: who was that? |
| quilty By vx1 |
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| 18:39 13/07/2011 | who was that? |
| Which one of you guys bought so much that it went nearly 20% up? By kkksw |
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| 11:40 03/07/2011 | China buying grain? |
| Interesting article... may account for Friday's increase. http://www.agrimoney.com/marketreport/evening-markets-beaten-up-grains-show-signs-of-recovery--1159.html By Taypot |
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| 10:56 02/07/2011 | Re: Price of wheat |
| You need to figure out the effect of contango ( back months priced higher than delivery month), which is a huge drag for now. By Zedlitz |
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| 10:24 02/07/2011 | Price of wheat |
| Hi.. does the chart mean that the wheat price has fallen to about 50% of its level 3 years ago?..say you said $30 a bag then to $15 now causes a drop of approx 100% in LWEA price from 30 to about zero? I'm presuming that there is not much chance of a 50% drop in the current price...surely? By xstar |
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| 14:22 01/07/2011 | Re: buy |
| looks like I was early on this one. Market senitment against it at the current time.Anyway have made money several times this year with this and very happy to add to my position today. Wheat news appears bullish for supply but still have China, Russia and weather patterns to contend with over the summer. May be long and wrong for now but happy to retain my positions going forward. By vx1 |
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| 23:44 30/06/2011 | Re: Amalgamator 'Buy Wheat' |
| Thanks for the link. I missed out on the rise of corn last year. I actually thought of buying it when it was at the bottom then got distracted and forgot about it. So I thought i would jump in with wheat this year. The amalgamators site encouraged me a day too soon! From reading that article I think I have a lot to learn so had better sign up. Cheap Russian Wheat seems to be a factor in today's fall. I bought LKI earlier this year which may act as a hedge to LWEA as its Russian farmers. LKI may rise this week as another russian agriculture company (Continental farmers group) is about to float onto the market and they make LKI look cheap. By Taypot |
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| 22:44 30/06/2011 | Agrimoney |
| I'm still quite new to commodities, so forgive me if everyone else knows this, but I've just found Agrimoney and registered for (free) updates and reports. Here is tonight's market report: http://www.agrimoney.com/marketreport/evening-markets-grain-rallys-birthday-party-ends-in-tears--1157.html By WarlockWilliams |
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| 22:37 30/06/2011 | Re: Amalgamator 'Buy Wheat' |
| Thanks again, Taypot: another really nice site. Wheat does stand out, doesn't it? More than 34% down from its 52 week high... I've been reading a couple of articles about the falling wheat price in the last few days, and found this quite useful: http://www.agrimoney.com/marketreport/evening-marketscrops-buckle-under-harvest-weather-pressure--1151.html By WarlockWilliams |
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| 19:35 30/06/2011 | Amalgamator 'Buy Wheat' |
| http://amalgamator.co.uk/2011June28th.aspx This is where I found link to last chart. You may like the site. Certainly whacky...new moon tomorrow and all that! By Taypot |
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| 19:30 30/06/2011 | Re: buy |
| It is odd, I thought maybe it was because Dec only really has 2 weeks of volume and maybe prices dropping but that doesn't make sense as there is usually a Santa Claus rally, (maybe not in commodities though?). I would like to reproduce these charts myself before trusting them. By Taypot |
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| 14:32 30/06/2011 | Re: buy |
| Warlock, Dec/Jan values...I guess that has to be the explanation. By pied kingfisher |
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| 12:27 30/06/2011 | Re: buy |
| "I would like to do a spreadsheet of Ftse intraday averages and then make a chart. Don't have a clue how to get hourly data for the ftse in one download. I can only get end of day." It's a real pain that you can't download hourly historical data, isn't it? I'll let you know if I ever find a way of doing it, but haven't so far... By WarlockWilliams |
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| 12:16 30/06/2011 | Re: buy |
| "But why is the value on 31 December not closer to the value on 1 January? Something odd there. " It's particularly marked in the chart for Gold, which rises solidly from the beginning of January to the end of December, with no way the 2 could match up... Could it reflect the average yearly rise over the last 40 years? I mean that the average of 40 1st Jan prices is significantly lower than the average of 40 31st Dec prices because they're 364 days apart, not 1 day? By WarlockWilliams |
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