With a growing share of global wheat trade, Russia, Ukraine and Kazakhstan — former Soviet Union countries — have become price setters in the world wheat market over the last few years. As Bill Tierney, chief economist with AgResource Company, points out in this Wheat School episode filmed at Cereals North America ’15, much of… Read more »
Tag: Bill Tierney
$7 Soybeans? Record Stocks-to-Use Pulling Oilseed Prices Lower
With the recent rally in soybeans looking like it might be over, there could be some major downside to oilseed prices, according to the chief economist for AgResource Company. Bill Tierney, speaking at the Cereals North America conference in Winnipeg last week, called the rally “seemingly inexplicable,” as there were no significant changes in U.S…. Read more »