NEWS
Wheat's Bear Market Is Almost Over
Todd Hultman DTN Grains Analyst
Wed Aug 28, 2013 12:39 PM CDT

Even though weather risk remains in corn this year, the ethanol boom that had driven prices higher since late-2006 is over and prices are now likely to find a new, lower trading range in the next few years, I explained in "Understanding Today's Corn Market."

The corn market that needed more acres in 2006 to produce larger amounts of ethanol now has them and is able to again produce more corn than the market needs, weather permitting. Wheat, on the other hand, is at the other end of the production cycle and will need higher prices in the next couple ...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
Wheat's Drought Dilemma
Less Canada Wheat, More Canola Seen
USDA Weekly Crop Progress
Newsom on the Market
Letters to the Editor
Russia Grain Exports Surge
Russia Wheat Prices Rising
Newsom on the Market
CWB Raises 14/15 Wheat PROs
Russia: More Grain Exports in March