CHICAGO, July 18- U.S. wheat futures fell 3.4 percent on Friday, erasing gains posted a day earlier following the downing of a Malaysian commercial airliner over eastern Ukraine, while Chicago Board of Trade corn futures also declined and soybeans were mostly lower.» Read More
Mark Gulley, Ticonderoga Securities managing director with the play on commodity stocks, ahead of Wednesday's USDA crop report, and the Fast Money traders with the trade on Tyson's upgrade.
From aviation to wheat production, a broad cohort of US industry is looking forward to the passage of US trade deals with Colombia and Panama next week.
"Over the last few weeks we have seen quite a lot of liquidation across the soft commodities, especially for corn, wheat and soya beans. This has been partially due to the economic situation with the euro zone and the US and concern about lower demand," Erkut Ozer, CEO of Global Trading Enterprises, told CNBC.
A look at how to profit from trading single commodities, with Sal Gilbertie, Teucrium Trading president.
Dry patch of weather in the Midwest is pushing grain prices higher, with Rich Ilczyszyn, MF Global.
"How fast can producers respond to these strong price signals? In the US, they have been frustrated by the hottest weather in over half a century. The bigger story in the longer term is getting developing economies on board," Daniel Wills, senior analyst at ETF Securities, told CNBC.
Discussing the real reason fertilizer stocks are on fire and how to play the trade, with Mark Gulley, Ticonderoga Securities.
CNBC’s Analytics Team compiled a list of the 10 best and worst performing commodities in the CRB index. Click ahead to learn about the hot and the not-so-hot commodities of 2011.
"Everyone's looking at the weather concerns because it's harvest time in the U.S. and the U.S. is the major exporter of corn and wheat," Erkut Ozer, CEO of Global Trading Enterprises told CNBC. "On the other hand, one has to look at the consumption... so there's a balance of those two that everyone's concerned about," he added.
Markets have overreacted to recent concerns on oversupply in soft commodities, and the fundamentals do not support the recent sell-off, Sudakshina Unnikrishnan, analyst at Barclays Capital, told CNBC on Tuesday.
China’s self-sufficiency in wheat, rice and corn could be reversed in dramatic fashion in the next few years offering investors a chance to make big returns, according to Richard Ferguson, the global head of agriculture at Renaissance Capital in London.
Wheat prices may be slightly down for 2011, but are still up about 70%, reports CNBC's Brian Shactman. David Wenner, B&G Foods president & CEO, also weighs in.
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Global floods and drought have pushed wheat futures up over 75% in the past year. Insight on how to play this commodity trade, with Dennis Gartman, The Gartman Letter, and the Fast Money traders weigh in on their stock picks of the day.
Experts in the corn, wheat and soy markets expect the sharp pullback in recent weeks to be little more than a temporary correction as heavy rain and strong demand cause prices to rebound.
With drought threatening food production in the EU, US and China analysts at Renaissance Capital believe the next 8-10 weeks will be crucial to prices in 2011 and 2012.
Glencore made a speculative bet on rising wheat and corn prices in the early stages of last summer’s Russian drought, when senior traders at the Swiss-based company publicly urged Russia to impose a grain export ban. The FT reports.
Grain prices are going to take almost two years to rebuild, so there's going to be a period of elevated costs, said Farha Aslam, food analyst at Stephens.
If you're looking for action, try grains, but even that may be iffy. It all depends on the weather.