Wheat: Will High Inventory Further Dent Prices?

Wheat: Will High Inventory Further Dent Prices?

By Erik Norland, Senior Economist, CME Group

Highlights

  • CBOT wheat has tumbled more than 50% over the past five years
  • Stocks-to-use ratio has a strong, inverse correlation to prices
  • But stocks-to-use ratio does not influence future price trends
  • Price volatility tends to be relatively low when inventory is high
Read Full Article
wheat

Black Sea Wheat & Corn FOB (Platts) Futures are Coming to CME

CME Group will launch Black Sea Wheat FOB (Platts) and Black Sea Corn FOB (Platts) financially settled futures contracts, to begin trading on December 18, 2017, pending all relevant regulatory review periods.

Prepare to Trade