WEAT News and Press, Teucrium Wheat Fund ETV From 06/15/23

2023-06-15 16:30:00 ET Summary China’s disappointing recovery following the COVID-19 reopening this spring has been the major reason for the declining commodities markets in May. The UBS Constant Maturity Commodity Index declined 5.78% and the Bloomberg Commodity Index decl...

2023-06-12 21:46:11 ET Summary El Niño conditions confirmed, likely leading to worsening drought conditions in North America and extreme weather disrupting grain production worldwide. Australia's wheat production is expected to decline by 34% in 2023/24 due to El Niño, i...

2023-06-06 08:35:28 ET U.S. wheat futures in Chicago surged as much as 3% Tuesday, as fears of an escalation in the Ukraine war are triggered by the destruction of a major dam and damage to a key ammonia pipeline. Torrents of water of water are flowing through a hole in the Russian-...

2023-05-30 16:56:13 ET Wheat on the Chicago Board of Trade fell Tuesday to its lowestin nearly two-and-a-half years, as traders said U.S. exports are considered too expensive to compete on the world market. Front-month CBOT wheat ( W_1:COM ) for July delivery closed -4.2% to...

2023-05-25 13:30:00 ET Summary The KCBT-CBOT wheat spread signals potential supply and price concerns, which could lift CBOT wheat prices from their current levels. The USDA's latest report forecasts smaller U.S. and global wheat inventories, with the worldwide stocks-to-use ratio...

2023-05-23 18:36:34 ET U.S. wheat futures rebounded Tuesday from their lowest in more than two years, getting a boost as exports from Ukraine appear to be slowing despite the extension of the Black Sea grain deal. The latest data from Ukraine showed its exports through the week ende...

2023-05-17 18:11:44 ET Benchmark U.S. corn futures fell to an 18-month low Wednesday following news that China canceled more previously announced purchases of U.S. corn exports, this time for 272K metric tons for delivery in the 2022-23 marketing year. It is the latest of a series o...

2023-05-17 11:23:42 ET Wheat futures are falling Wednesday, after Turkish President Tayyip Erdogan said Russia has agreed to extend the deal that allows Ukraine to ship grain through the Black Sea, one day before the pact was set to expire. In reaction to the news, wheat futures ( ...

2023-05-16 23:05:00 ET Summary The Federal Reserve’s latest 0.25% interest rate hike has likely capped one of its most aggressive policy-tightening cycles in 40 years. Core inflation, which excludes the more volatile energy and food prices, remains historically high, but ha...

2023-05-16 01:05:00 ET Summary April showed a slight downturn for commodities. The gains of the agriculture and livestock sectors were not enough to offset industrial metals, the weakest sector. Lingering economic growth concerns triggered by the March regional banking crisis and ...