US Wheat (ZWZ6)

Currency in USD
700.00
0.00(0.00%)
Closed·

US Wheat Futures Discussions

Hey guys, what do you think? Why isn’t the price going up?
why down?
when will I c the big up for today? currently it is negative....lol yes yes
good question, i also do not have any reason found why it is going down
why down?
Word is defaults on contracts coming out of the black sea, cash market strength is slowly bleeding over to futures
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M18Grain4Gain I agree except the months and months part. 6-8 weeks with available Panama shipments to most anywhere.
Ian Salter no I have to disagree rail isn't that available that quickly only supplies on coasts are available quickly the rest takes much more time. imo
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M18Grain4Gain. US rail transit is efficient (no more than 5-12 days) with some near the ports already. Port unloading is fast (under 5 hours). However, Canada is a much different story. There I agree with the months assessment you made.
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Wheat is cheap as situation worsen it may touch 800
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Total of 524,300 MT marks the highest weekly wheat shipment volume of the marketing year
big up today
when is big up start?
Stacka Lize You’ll see
Things are turning worse quickly for paper traders and anyone in the grain business buying and selling contacts short to the market. Short Margin calls coming?
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With 23–24% of the global trade pipeline removed and alternative exporters facing quality issues and acreage constraints, the paper futures market cannot mathematically resolve this deficit .
why its droping?
Harvest pressure
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My guess is bullish news is coming very soon- likely a grain sale - and 'Da Boys' ran the sell stops to steal cheap positions. Haven't heard anything - but am expecting it. Maybe even limit up at the open ...
LuLuNose thx
As expected the calm before the storm. Companies trying to stay calm are going to get squeezed which will be much needed. Farmers have the upper hand against the big corp for the foreseeable future.
https://invst.ly/1jf-ql - Chart ( daily and weekly ) is crystal clear. It will go to 716-720 before any pullback. Free money
thank you
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Ukraine and Russia will pick up attacks on all commodities. Wheat will continue to get slammed higher. Post ukr Russia was still only like 12 a bu and that was cheap for wheat could easily go to 20 a bu as 20 to 30 seems fair priced for the future of the farmers
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North Dakota and Canadian midsection are getting poured on right now, 20% into the harvest. Excess sprouting and quality downgrades to the spring wheat crop is now locked in.
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When will China buy the milling wheat they need? They lost 10-15 mmt's to feed during this year's harvest. They will need some soon.
750 coming
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coming 700
730 target 1 mid term
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Trapped exports is a fallacy, it's not like gold or oil.Treating trapped or delayed Russian grain as functional milling wheat supply completely ignores the rapid quality degradation happening on the ground.
Ian Salter You have valuable information
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No No. I'm not in the business, I am the business.
Ian Salter perfect
Did you see today’s export report? What do you think?” i think today close between 665-675
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coming 660
closed long 658 good look to all now i have to work with oil and silver
max mars I’m still waiting for the export data. I also work with energy and silver.
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Behind headline ticker boards, a severe physical supply shock is unfolding. Late-season Black Sea storms degraded millions of tons of milling wheat into low-grade feed right at harvest, while port blockades have brought regional export flows to a virtual standstill. Automated algorithms miss this because they track gross harvest volume rather than usable flour quality, while major importing nations temporarily coast on dwindling local reserves. As those stockpiles run dry, buyers returning for milling-grade grain will hit a wall of physical scarcity—forcing paper futures to aggressively reprice upward to meet real-world supply destruction.
my broker said it was a friendly report...not wise not a king
who cares what the report says! trade that bs and go broke
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Bearish
imho not bearish not bullish, low demand due to global hyper inflation but wheat risk to get a poor offer in the near future….
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neutral
corn is much better for a crazy bullish run
max mars That’s right. For me, wheat is dead unless it gets close to 660. Then it’s bye-bye forever.”
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