Sask Wheat's weekly wheat market outlook analyzes domestic and global factors that impact wheat prices and market access for Saskatchewan wheat producers. Marlene Boersch of Mercantile Consulting provides a weekly overview of the wheat market summary.
Publishes | Weekly | Episodes | 161 | Founded | 3 years ago |
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Number of Listeners | Category | Business |
While weather continues to be difficult to read and plantings are delayed, Mercantile does not see any major reasons for markets to fall, although wheat could be overdone. more
Mercantile says geopolitical tensions are causing additional uncertainty in the commodity markets. There is currently a standoff between the fund short and farmer holding. - Mercantile would use this rally to finish old crop wheat sales but would not... more
Mercantile says the international climate remains fractious, particularly in the Middle East. Mercantile is slowly seeing energy prices increasing and inflation starting to rise. In their view, world buyers are largely finished with old crop purchase... more
Mercantile will have a new WASDE report on Thursday. Mercantile expects the USDA to lower wheat exports because of the Chinese cancellations a few weeks ago. According to Mercantile, the USDA will leave wheat production estimates alone and still expe... more
Mercantile believes Russian and Black Sea politics will likely dominate conversation in the coming week. If the dispute between RIF and Moscow continues, Mercantile says it could be bullish the current crop wheat. The USDA seeded area and quarterly s... more
According to Mercantile, Chinese wheat cancellations/deferrals will weigh on the market in an environment where old crop demand is limited. The EU and Black Sea still have old crop wheat in need of a home before June. Mercantile would recommend looki... more
Mercantile expects some weakness in wheat futures following the decline in cash values. Mercantile says there will be more pressure on the old crop as weather concerns and low returns makes new crop sellers reluctant. Chinese cancellations of wheat c... more
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Wheat Market Outlook launched 3 years ago and published 161 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.
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