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Under the Wilson administration during World War I, the U.S. Food Administration, under the direction of Herbert Hoover, set a basic price of $2.20 per bushel. The end of the war led to "the closing of the bonanza export markets and the fall of sky-high farm prices", and wheat prices fell from more than $2.20 per bushel in 1919 to $1.01 in 1921 ...
Wheat CBOT: XCBT: 5000 bu W/ZW (Electronic) Wheat EURONEXT 50 tons EBM UK Feed Wheat ICE: IEPA: 100 metric tons T Milk CME: XCME: 200,000 lbs DC Cocoa ICE: IEPA: 10 metric tons CC Cocoa (London) ICE: IEPA: 10 metric tons C Coffee C: ICE: IEPA: 37,500 lb KC Cotton No.2 ICE: IEPA: 50,000 lb CT Sugar No.11 ICE: IEPA: 112,000 lb SB Sugar No.14 ICE ...
A soft white spring wheat. Neepawa, 1969. Similar to Manitou. Developed by Agriculture Canada. Earlier maturing and higher yielding than Thatcher. Pitic 62, 1969. Yaktana 54 × (Norin 10 × Brever). Developed in Mexico. It was the first utility wheat to be licensed in Canada. Glenlea, 1972, (Pembina2 × Bage) × CB200.
Soft commodities, or softs, [1] [2] are commodities such as coffee, cocoa, sugar, corn, wheat, soybean, fruit and livestock. [3] The term generally refers to commodities that are grown, rather than mined; the latter (such as oil, copper and gold) are known as hard commodities. [4] [3] Soft commodities play a major part in the futures market.
By 1910, wheat made up 22% of Canada's exports, rising to 25% in 1930 despite the sharp decline in prices during the worldwide Great Depression. [116] Efforts to expand wheat production in South Africa, Kenya and India were stymied by low yields and disease.
To produce refined (white) wheat flour, [4] grain is usually tempered, i.e. moisture added to the grain, before milling, to optimize milling efficiency.This softens the starchy "endosperm" portion of the wheat kernel, which will be separated out in the milling process to produce what is known to consumers as white flour.
In 1934, the U.S. Bureau of Labor Statistics began the computation of a daily Commodity price index that became available to the public in 1940. By 1952, the Bureau of Labor Statistics issued a Spot Market Price Index that measured the price movements of "22 sensitive basic commodities whose markets are presumed to be among the first to be influenced by changes in economic conditions.
The Grain Merchants: An Illustrated History of the Minneapolis Grain Exchange. Afton Historical Society Press in collaboration with the Minneapolis Grain Exchange. ISBN 1-890434-74-4. Minter, Adam (August 2006). "Gimme Grain!". The Rake. Archived from the original on September 28, 2007; Minneapolis Public Library (2001).