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Thursday, July 12, 2018

What do wheat futures and the English football team have in common?

By Andrew Whitelaw  |  Source: CME, Mecardo

They both got hammered overnight. Although expectations have been high in recent weeks, they have both failed to perform. The English football side will now have to place their attention on future competitions in 2020, should wheat growers be doing the same and looking at 2019/20. In this update, we take a look at the forward curve and what it means for hedging purposes.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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