Wheat is the second-largest commodities crop in the world, behind only corn. Wheat is one of the world’s most important cereal crops grown for human consumption. Investing in wheat futures allows traders to participate in the agricultural markets without holding a physical market position. Investing in wheat futures also provides growers with a risk management tool to protect the price of their expected purchase or sale of physical grain. The United States is one of the world’s largest wheat producing countries. Japan is one of the largest importers of wheat in the world, with imports originating from Australia, Canada, and the United States. Exportable wheat supplies are also available from Argentina, Europe, Ukraine and other areas of the world, depending on crop situations. This makes wheat a truly global market and allows traders to enter into a global environment to create a broad trading strategy using wheat alone or in combination with other grains.
Tag: Market News
Fed Keeps Pedal to the Metal as Egypt Unrest Weighs on Markets
Stocks swaggered through the first four days of the past week with their usual devil-may-care attitude, then tripped into the final three hours on Friday amid scenes of civil unrest in Egypt. At the final count, the Dow Jones Industrials closed down Friday by 1.4%, theS&P 500 fell 1.8%, theNasdaq fell 2.5% and the Russell 2000small-caps sank 2.5%.
For the week, the Dow was only down 0.4%, though, while the S&P was off 0.5%, the Nasdaq was flat and the Russell 2000 small-caps were actually up 0.3%.
Click Here to see how the unrest in Egypt will drive the markets…