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1 week ago | 
world-grain.com | Matt Noltemeyer
CHICAGO, ILLINOIS, US — The CME Group on April 14 opened for trading its new Chicago hard red spring wheat futures contract in competition with Miax Futures’ Minneapolis spring wheat futures contract. The CME Group on Jan. 8 announced a plan to launch physically-delivered hard red spring wheat futures and options, which would allow market participants to buy and sell futures across all major wheat classes in one clearing house.
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3 weeks ago | 
bakingbusiness.com | Matt Noltemeyer
WASHINGTON — The National Agricultural Statistics Service of the US Department of Agriculture on March 31 projected area planted to all-wheat for harvest in 2025 at 45,350,000 acres, down 2% from the year before. The acreage forecast was the lowest since 44,450,000 acres were planted to wheat in 2020, and the second lowest in NASS records dating to 1919.
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3 weeks ago | 
world-grain.com | Matt Noltemeyer
WASHINGTON, DC, US — The National Agricultural Statistics Service (NASS) of the US Department of Agriculture on March 31 projected area planted to all-wheat for harvest in 2025 at 45.35 million acres, down 2% from the year before. The acreage forecast was the lowest since 44.45 million acres were planted to wheat in 2020, and the second lowest in NASS records dating to 1919.
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3 weeks ago | 
bakingbusiness.com | Matt Noltemeyer
MINNEAPOLIS — With risk management competition set to ramp up this year, Miax Futures has partnered with ION to support the transfer of its flagship product, Minneapolis Hard Red Spring Wheat Futures, to a new platform in the second quarter. Miax Futures (formerly the Minneapolis Grain Exchange, or MGEX) will migrate its spring wheat futures trading to a new matching engine called Miax Futures Onyx from the CME Global platform.
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3 weeks ago | 
world-grain.com | Matt Noltemeyer
MINNEAPOLIS, MINNESOTA, US — With risk management competition set to ramp up this year, Miax Futures has partnered with ION to support the transfer of its flagship product, Minneapolis Hard Red Spring Wheat Futures, to a new platform in the second quarter. Miax Futures (formerly the Minneapolis Grain Exchange, or MGEX) will migrate its spring wheat futures trading to a new matching engine called Miax Futures Onyx from the CME Global platform.
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3 weeks ago | 
world-grain.com | Matt Noltemeyer
WASHINGTON, DC, US — The National Agricultural Statistics Service (NASS) of the US Department of Agriculture, in its quarterly Grain Stocks report issued March 31, said stocks of wheat held in all positions in the United States on March 1 totaled 1.24 billion bushels, up 148.24 million bushels, or 14%, from 1.09 billion bushels as the wheat inventory on March 1, 2024.
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4 weeks ago | 
foodbusinessnews.net | Matt Noltemeyer
SCOTTSDALE, ARIZ — Tyson Giles, director of trading in the wheat product line at CHS, Inc., Inver Grove Heights, Minn., issued a 2025 spring wheat and durum outlook amid concerns about impacts from tariffs on March 11 during the North American Millers’ Association spring conference. US wheat prices spiked in the spring of 2022 after Russia invaded Ukraine but have since trended lower and dropped back to pre-war levels.
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1 month ago | 
world-grain.com | Matt Noltemeyer
SCOTTSDALE, ARIZONA, US — Tyson Giles, director of trading in the wheat product line at CHS, Inc., Inver Grove Heights, Minnesota, US, issued a 2025 spring wheat and durum outlook amid concerns about impacts from tariffs on March 11 during the North American Millers’ Association (NAMA) Spring Conference. US wheat prices spiked in the spring of 2022 after Russia invaded Ukraine but have since trended lower and dropped back to pre-war levels.
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1 month ago | 
foodbusinessnews.net | Matt Noltemeyer
SCOTTSDALE, ARIZ. — As US growers prepare to plant the 2025 corn crop, the market faces many unknowns. Among them are widely varying South American yields and production, crop issues in Europe and the Black Sea region, and demand concerns linked to highly pathogenic avian influenza (HPAI), the make America healthy again movement and the Trump administration’s reduced enthusiasm for biofuels. Those factors challenge US and global markets with tight stocks, said Mark Talaski with Advance Trading Inc.
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1 month ago | 
world-grain.com | Matt Noltemeyer
SCOTTSDALE, ARIZONA, US — Amid a global recovery in oats demand, the US oat market in 2025 is challenged by tariff complications and dangerously low levels of oat stocks in Canada, a trading partner inextricably linked to the United States. “As the largest oat consumption market in the world, the United States is the key focus for Canadian oat suppliers, so Canada and the US, as far as the oat market is concerned, we are married,” said Randy Strychar of Oatinformation.
