Tag Archives: Chicago Wheat
A Grain of Wisdom: S&P DJI Launches S&P GSCI Minneapolis Wheat and S&P GSCI Composite Wheat
With Oktoberfest just around the corner, S&P DJI has announced the launch of the S&P GSCI Minneapolis Wheat and S&P GSCI Composite Wheat. S&P DJI recently acquired the rights to futures data from Minneapolis Grain Exchange (MGEX), on which Minneapolis Wheat futures contracts are traded. Minneapolis Wheat is one of the three most actively traded…
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Breakfast – The Most Important Meal of the Day
The first quarter of 2023 was a slow start to the year for commodities in general. The S&P GSCI Dynamic Roll Breakfast (OJ 5% Capped) also had a slow start, down 3.1%, after a solid 2022 performance of 14.12%. Maybe a higher weight to coffee would give the index the caffeine kick needed to boost…
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No Bread And Water After Doomsday
According to farmers, doomsday predictions by climate scientists don’t matter. Doomsday already happened on June 26, 2011 – at least in Vega, Texas where temperatures reached 114 degrees Fahrenheit and winds were 40-50 mph. We speak about weather conditions as a driver of commodity prices on a regular basis. We discuss droughts, freezes, hurricanes and even ideal…
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