CBOT Says It Is Still The Global Benchmark

Chicago Board of Trade, the world’s largest grain exchange, has no fear of its wheat contract being challenged as the global benchmark for prices by an upstart from Australia, a senior official told Reuters. Australia’s stock exchange operator, ASX Ltd., plans for its Hard wheat export futures contract to begin trading in May, opening up

T – for Mar. 5, 2009

he Japanese are regarded as the true pioneers of market technical analysis. They began trading forward rice contracts (Futures) in 1654 and over the next three centuries have developed many sophisticated ways to analyze the markets. One Japanese method of charting is called “Candlestick” because the individual lines resemble candles. While candlestick charts use the


You Can’t Beat The Pool

JOHN MORRISS EDITORIAL DIRECTOR One of the more peculiar accusations levelled at the Canadian Wheat Board is that it is “secretive.” Compared to what? No other of the world’s major grain-marketing organizations provides so much detail such as that in the annual report released this month. Contrast the CWB’s multi-page statements of revenue and expenses

Changes sought to CBOT wheat contract

Big global grain buyers have told U. S. regulators that the Chicago Board of Trade needs to improve on a plan to narrow a gap between wheat futures and cash prices that has hurt their ability to hedge big price swings. Major grain companies that questioned the CBOT plan included Cargill Inc. and Bunge Ltd.