Milling & Baking News - January 12, 2010 - 41

Ingredient Market Trends
Weekly Spotlight

Bitter cold weather grips
winter wheat states

F
Indexes
White Pan Bread Ingredients

Cake Donut Ingredients

rigid arctic air invaded the hard
winter and soft winter wheat belts
last week. Before the arctic blast,
snow fell across much of the region blanketing and protecting most of the winter wheat. But there were areas lacking
snow cover, most notably southwestern
Kansas, eastern Colorado, Texas and all
of Oklahoma except the northwest corner of that state. While temperatures
there weren't as severe as in areas where
there was snow, they were cold enough
to raise some concerns about the potential for local winterkill.
Speaking with Kansas Wheat, Jim
Shroyer, an extension agronomist with
Kansas State University, said, "When
soil temperatures decrease to about 12
degrees, I get nervous. When they fall
to single digits, I know without doubt
there will be winter damage."
But Mr. Shroyer added a caveat. "Soil
moisture holds in a lot of heat, so even
if we get temperatures at zero or below

2
3
THIS LAST WEEKS WEEKS
WEEK WEEK AGO AGO
Pan-bread flour
Wheat futures,
K.C., March

Hard winter
premiums,
12.2% protein

Millfeed, K.C.,
30-day

Soybean oil
Cane sugar
Cocoa
41 / July 3, 2007 
Milling & Baking News
bakingbusiness.com
/ world-grain.com

snow cover weren't lacking soil moisture because of a wet autumn, which
encouraged hopes crop damage would
be minimal.
The snow-covered wheat should
weather the deep freeze fairly well, said
Kansas Wheat.

Wheat futures volume decreases in
2009 on all three exchanges

V
Price Indicators

for a few days, the wet soil shouldn't get
that cold," he said. Many areas lacking

olume of trading in wheat futures
and wheat options declined in
Kansas City, Chicago and Minneapolis in 2009 compared with 2008,
according to data provided by the three
exchanges.
The Kansas City Board of Trade posted
a wheat futures volume of 3,660,343 contracts in 2009, down 3.1% from 3,778,266
contracts in 2008. Wheat options volume
in 2009 totaled 108,317 contracts, down
42.3% from 187,658 contracts in 2008.
With the exchange's Value Line contract
not trading in either year, total volume
at the K.C.B.T. in 2009 was 3,768,660 contracts, down 5% from 3,965,924 contracts
in 2008. It marked the third consecutive year total exchange volume decline
since record volume was registered at
5,287,190 contracts in 2006.
Wheat futures open interest at the
K.C.B.T. at the end of 2009 was 145,279
contracts, up 74.4% from 83,311 contracts

on Dec. 31, 2008. Wheat options open
volume at the end of 2009 was 12,605
contracts, down 28.3% from 17,587 contracts a year earlier.
CME Group wheat futures volume in
2009 as traded on the Chicago Board of
Trade totaled 17,677,547 contracts, down
7.1% from 19,020,418 contracts in 2008.
Wheat options volume in 2009 totaled
3,635,792 contracts, down 10.5% from
4,060,865 contracts in 2008. As 2009 ended, open interest in Chicago wheat futures totaled 366,700 contracts, up 42.2%
from 257,563 contracts a year earlier.
Wheat futures volume at the Minneapolis Grain Exchange in 2009 was 1,198,013
contracts, down 12% from 1,361,042 contracts in 2008. Wheat options volume in
2009 at the MGEX was 24,937 contracts,
down 48% from 47,935 contracts in 2008.
December 2009 open interest in Minneapolis wheat futures was 46,589 contracts, up 63% from a year earlier. MBN
bakingbusiness.com
/ world-grain.com
Milling & Baking
News January
12, 2010 / 41


http://www.bakingbusiness.com http://www.world-grain.com http://www.bakingbusiness.com http://www.world-grain.com

Milling & Baking News - January 12, 2010

Table of Contents for the Digital Edition of Milling & Baking News - January 12, 2010

Contents
Milling & Baking News - January 12, 2010 - 1
Milling & Baking News - January 12, 2010 - 2
Milling & Baking News - January 12, 2010 - 3
Milling & Baking News - January 12, 2010 - Contents
Milling & Baking News - January 12, 2010 - 5
Milling & Baking News - January 12, 2010 - 6
Milling & Baking News - January 12, 2010 - 7
Milling & Baking News - January 12, 2010 - 8
Milling & Baking News - January 12, 2010 - 9
Milling & Baking News - January 12, 2010 - 10
Milling & Baking News - January 12, 2010 - 11
Milling & Baking News - January 12, 2010 - 12
Milling & Baking News - January 12, 2010 - 13
Milling & Baking News - January 12, 2010 - 14
Milling & Baking News - January 12, 2010 - 15
Milling & Baking News - January 12, 2010 - 16
Milling & Baking News - January 12, 2010 - 17
Milling & Baking News - January 12, 2010 - 18
Milling & Baking News - January 12, 2010 - 19
Milling & Baking News - January 12, 2010 - 20
Milling & Baking News - January 12, 2010 - 21
Milling & Baking News - January 12, 2010 - 22
Milling & Baking News - January 12, 2010 - 23
Milling & Baking News - January 12, 2010 - 24
Milling & Baking News - January 12, 2010 - 25
Milling & Baking News - January 12, 2010 - 26
Milling & Baking News - January 12, 2010 - 27
Milling & Baking News - January 12, 2010 - 28
Milling & Baking News - January 12, 2010 - 29
Milling & Baking News - January 12, 2010 - 30
Milling & Baking News - January 12, 2010 - 31
Milling & Baking News - January 12, 2010 - 32
Milling & Baking News - January 12, 2010 - 33
Milling & Baking News - January 12, 2010 - 34
Milling & Baking News - January 12, 2010 - 35
Milling & Baking News - January 12, 2010 - 36
Milling & Baking News - January 12, 2010 - 37
Milling & Baking News - January 12, 2010 - 38
Milling & Baking News - January 12, 2010 - 39
Milling & Baking News - January 12, 2010 - 40
Milling & Baking News - January 12, 2010 - 41
Milling & Baking News - January 12, 2010 - 42
Milling & Baking News - January 12, 2010 - 43
Milling & Baking News - January 12, 2010 - 44
Milling & Baking News - January 12, 2010 - 45
Milling & Baking News - January 12, 2010 - 46
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Milling & Baking News - January 12, 2010 - 48
Milling & Baking News - January 12, 2010 - 49
Milling & Baking News - January 12, 2010 - 50
Milling & Baking News - January 12, 2010 - 51
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Milling & Baking News - January 12, 2010 - 53
Milling & Baking News - January 12, 2010 - 54
Milling & Baking News - January 12, 2010 - 55
Milling & Baking News - January 12, 2010 - 56
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https://www.nxtbook.com/sosland/mbn/2016_04_26
https://www.nxtbook.com/sosland/mbn/2016_04_12
https://www.nxtbook.com/sosland/mbn/2016_03_29
https://www.nxtbook.com/sosland/mbn/2016_03_15
https://www.nxtbook.com/sosland/mbn/2016_03_01
https://www.nxtbook.com/sosland/mbn/2016_02_16
https://www.nxtbook.com/sosland/mbn/2016_02_02
https://www.nxtbook.com/sosland/mbn/2016_01_19
https://www.nxtbook.com/sosland/mbn/2016_01_05
https://www.nxtbook.com/sosland/mbn/2015_12_22
https://www.nxtbook.com/sosland/mbn/2015_12_08
https://www.nxtbook.com/sosland/mbn/2015_11_24
https://www.nxtbook.com/sosland/mbn/2015_11_10
https://www.nxtbook.com/sosland/mbn/2015_10_27
https://www.nxtbook.com/sosland/mbn/2015_10_13
https://www.nxtbook.com/sosland/mbn/2015_09_29
https://www.nxtbook.com/sosland/mbn/2015_09_15
https://www.nxtbook.com/sosland/mbn/2015_09_01
https://www.nxtbook.com/sosland/mbn/2015_08_18
https://www.nxtbook.com/sosland/mbn/2015_08_04
https://www.nxtbook.com/sosland/mbn/2015_07_21
https://www.nxtbook.com/sosland/mbn/2015_07_07
https://www.nxtbook.com/sosland/mbn/2015_06_23
https://www.nxtbook.com/sosland/mbn/2015_06_09
https://www.nxtbook.com/sosland/mbn/2015_05_26
https://www.nxtbook.com/sosland/mbn/2015_05_12
https://www.nxtbook.com/sosland/mbn/2015_04_28
https://www.nxtbook.com/sosland/mbn/2015_04_014
https://www.nxtbook.com/sosland/mbn/2015_03_31
https://www.nxtbook.com/sosland/mbn/2015_03_17
https://www.nxtbook.com/sosland/mbn/mbn/2015_03__03
https://www.nxtbook.com/sosland/mbn/2015_02_17
https://www.nxtbook.com/sosland/mbn/2015_02_03
https://www.nxtbook.com/sosland/mbn/2015_01_20
https://www.nxtbook.com/sosland/mbn/2015_01_06
https://www.nxtbook.com/sosland/mbn/2014_12_23
https://www.nxtbook.com/sosland/mbn/2014_12_09
https://www.nxtbook.com/sosland/mbn/mbn_2014_11_25
https://www.nxtbook.com/sosland/mbn/2014_11_11
https://www.nxtbook.com/sosland/mbn/2014_10_28
https://www.nxtbook.com/sosland/mbn/2014_10_14
https://www.nxtbook.com/sosland/mbn/2014_09_30
https://www.nxtbook.com/sosland/mbn/2014_09_16
https://www.nxtbook.com/sosland/mbn/2014_09_02
https://www.nxtbook.com/sosland/mbn/214_08_19
https://www.nxtbook.com/sosland/mbn/2014_08_01
https://www.nxtbook.com/sosland/mbn/2014_07_22
https://www.nxtbook.com/sosland/mbn/2014_07_08
https://www.nxtbook.com/sosland/mbn/2014_06_24
https://www.nxtbook.com/sosland/mbn/2014_06_10
https://www.nxtbook.com/sosland/mbn/2014_05_27
https://www.nxtbook.com/sosland/mbn/2014_05_13
https://www.nxtbook.com/sosland/mbn/2014_04_29
https://www.nxtbook.com/sosland/mbn/2014_04_15
https://www.nxtbook.com/sosland/mbn/2014_04_01
https://www.nxtbook.com/sosland/mbn/2014_03_18
https://www.nxtbook.com/sosland/mbn/2014_03_04
https://www.nxtbook.com/sosland/mbn/2014_02_18
https://www.nxtbook.com/sosland/mbn/2014_02_04
https://www.nxtbook.com/sosland/mbn/2014_01_21
https://www.nxtbook.com/sosland/mbn/2014_01_07
https://www.nxtbook.com/sosland/mbn/2013_12_24
https://www.nxtbook.com/sosland/mbn/2013_12_10
https://www.nxtbook.com/sosland/mbn/2013_11_26
https://www.nxtbook.com/sosland/mbn/2013_11_12
https://www.nxtbook.com/sosland/mbn/2013_10_29
https://www.nxtbook.com/sosland/mbn/2013_10_15
https://www.nxtbook.com/sosland/mbn/2013_10_01
https://www.nxtbook.com/sosland/mbn/2013_09_17
https://www.nxtbook.com/sosland/mbn/2013_09_03
https://www.nxtbook.com/sosland/mbn/2013_08_20
https://www.nxtbook.com/sosland/mbn/2013_08-06
https://www.nxtbook.com/sosland/mbn/2013_07_23
https://www.nxtbook.com/sosland/mbn/2013_07_09
https://www.nxtbook.com/sosland/mbn/2013_06_25
https://www.nxtbook.com/sosland/mbn/2013_06_11
https://www.nxtbook.com/sosland/mbn/2013_05_28
https://www.nxtbook.com/sosland/mbn/2013_05_14
https://www.nxtbook.com/sosland/mbn/2013_04_30
https://www.nxtbook.com/sosland/mbn/2013_04_16
https://www.nxtbook.com/sosland/mbn/2013_04_02
https://www.nxtbook.com/sosland/mbn/2013_03_19
https://www.nxtbook.com/sosland/mbn/2013_03_05
https://www.nxtbook.com/sosland/mbn/2013_02_19
https://www.nxtbook.com/sosland/mbn/2013_02_05
https://www.nxtbook.com/sosland/mbn/2013_01_22
https://www.nxtbook.com/sosland/mbn/2013_01_08
https://www.nxtbook.com/sosland/mbn/2012_12_25
https://www.nxtbook.com/sosland/mbn/2012_12_11
https://www.nxtbook.com/sosland/mbn/2012_11_27
https://www.nxtbook.com/sosland/mbn/2012_11_13
https://www.nxtbook.com/sosland/mbn/2012_10_30
https://www.nxtbook.com/sosland/mbn/2012_10_16
https://www.nxtbook.com/sosland/mbn/2012_10_02
https://www.nxtbook.com/sosland/mbn/2012_09_18
https://www.nxtbook.com/sosland/mbn/2012_09_04
https://www.nxtbook.com/sosland/mbn/2012_08_21
https://www.nxtbook.com/sosland/mbn/2012_08_07
https://www.nxtbook.com/sosland/mbn/2012_07_24
https://www.nxtbook.com/sosland/mbn/2012_07_10
https://www.nxtbook.com/sosland/mbn/2012_06_26
https://www.nxtbook.com/sosland/mbn/2012_06_12
https://www.nxtbook.com/sosland/mbn/2012_05_29
https://www.nxtbook.com/sosland/mbn/2012_05_15
https://www.nxtbook.com/sosland/mbn/2012_05_01
https://www.nxtbook.com/sosland/mbn/2012_04_17
https://www.nxtbook.com/sosland/mbn/2012_04_03
https://www.nxtbook.com/sosland/mbn/2012_03_20
https://www.nxtbook.com/sosland/mbn/2012_03_06
https://www.nxtbook.com/sosland/mbn/2012_02_21
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https://www.nxtbook.com/sosland/mbn/2012_01_24
https://www.nxtbook.com/sosland/mbn/2012_01_10
https://www.nxtbook.com/sosland/mbn/2011_12_27
https://www.nxtbook.com/sosland/mbn/2011_12_13
https://www.nxtbook.com/sosland/mbn/2011_11_29
https://www.nxtbook.com/sosland/mbn/2011_11_15
https://www.nxtbook.com/sosland/mbn/2011_11_01
https://www.nxtbook.com/sosland/mbn/2011_10_18
https://www.nxtbook.com/sosland/mbn/2011_10_04
https://www.nxtbook.com/sosland/mbn/2011_09_20
https://www.nxtbook.com/sosland/mbn/2011_09_06
https://www.nxtbook.com/sosland/mbn/2011_08_23
https://www.nxtbook.com/sosland/mbn/2011_08_09
https://www.nxtbook.com/sosland/mbn/2011_07_26
https://www.nxtbook.com/sosland/mbn/2011_07_12
https://www.nxtbook.com/sosland/mbn/2011_06_28
https://www.nxtbook.com/sosland/mbn/2011_06_14
https://www.nxtbook.com/sosland/mbn/2011_05_31
https://www.nxtbook.com/sosland/mbn/2011_05_17
https://www.nxtbook.com/sosland/mbn/2011_05_03
https://www.nxtbook.com/sosland/mbn/2011_04_19
https://www.nxtbook.com/sosland/mbn/2011_04_05
https://www.nxtbook.com/sosland/mbn/2011_03_22
https://www.nxtbook.com/sosland/mbn/2011_03_08
https://www.nxtbook.com/sosland/mbn/2011_02_22
https://www.nxtbook.com/sosland/mbn/2011_02_08
https://www.nxtbook.com/sosland/mbn/2011_01_25
https://www.nxtbook.com/sosland/mbn/2011_01_11
https://www.nxtbook.com/sosland/mbn/2010_12_28
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https://www.nxtbook.com/sosland/mbn/2010_11_16
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https://www.nxtbook.com/sosland/mbn/2010_10_19
https://www.nxtbook.com/sosland/mbn/2010_10_05
https://www.nxtbook.com/sosland/mbn/2010_09_21
https://www.nxtbook.com/sosland/mbn/2010_09_07
https://www.nxtbook.com/sosland/mbn/2010_08_24
https://www.nxtbook.com/sosland/mbn/2010_08_10
https://www.nxtbook.com/sosland/mbn/2010_07_27
https://www.nxtbook.com/sosland/mbn/2010_07_13
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https://www.nxtbook.com/sosland/mbn/2010_05_18
https://www.nxtbook.com/sosland/mbn/2010_05_04
https://www.nxtbook.com/sosland/mbn/2010_04_20
https://www.nxtbook.com/sosland/mbn/2010_04_06
https://www.nxtbook.com/sosland/mbn/2010_03_23
https://www.nxtbook.com/sosland/mbn/2010_03_09
https://www.nxtbook.com/sosland/mbn/2010_02_23
https://www.nxtbook.com/sosland/mbn/2010_02_09
https://www.nxtbook.com/sosland/mbn/2010_01_26
https://www.nxtbook.com/sosland/mbn/2010_01_12
https://www.nxtbook.com/sosland/mbn/2009_12_29
https://www.nxtbook.com/sosland/mbn/2009_12_15
https://www.nxtbook.com/sosland/mbn/2009_12_01
https://www.nxtbook.com/sosland/mbn/2009_11_17
https://www.nxtbook.com/sosland/mbn/2009_11_03
https://www.nxtbook.com/sosland/mbn/2009_10_20
https://www.nxtbook.com/sosland/mbn/2009_10_06
https://www.nxtbook.com/sosland/mbn/2009_09_22
https://www.nxtbook.com/sosland/mbn/2009_09_08
https://www.nxtbook.com/sosland/mbn/2009_08_25
https://www.nxtbook.com/sosland/mbn/2009_08_11
https://www.nxtbook.com/sosland/mbn/2009_07_28
https://www.nxtbook.com/sosland/mbn/2009_07_14
https://www.nxtbook.com/sosland/mbn/2009_06_30
https://www.nxtbook.com/sosland/mbn/2009_06_16
https://www.nxtbook.com/sosland/mbn/2009_06_02
https://www.nxtbook.com/sosland/mbn/2009_05_19
https://www.nxtbook.com/sosland/mbn/2009_05_05
https://www.nxtbook.com/sosland/mbn/2009_04_21
https://www.nxtbook.com/sosland/mbn/2009_04_08
https://www.nxtbook.com/sosland/mbn/2009_04_07
https://www.nxtbook.com/sosland/mbn/2009_03_24
https://www.nxtbook.com/sosland/mbn/2009_03_10
https://www.nxtbook.com/sosland/mbn/2009_02_24
https://www.nxtbook.com/sosland/mbn/2009_02_10
https://www.nxtbook.com/sosland/mbn/2009_01_27
https://www.nxtbook.com/sosland/mbn/2009_01_13
https://www.nxtbook.com/sosland/mbn/2008_12_30
https://www.nxtbook.com/sosland/mbn/2008_12_16
https://www.nxtbook.com/sosland/mbn/2008_12_02
https://www.nxtbook.com/sosland/mbn/2008_11_18
https://www.nxtbook.com/sosland/mbn/2008_11_04
https://www.nxtbook.com/sosland/mbn/2008_10_21
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https://www.nxtbook.com/sosland/mbn/2008_09_23
https://www.nxtbook.com/sosland/mbn/2008_09_09
https://www.nxtbook.com/sosland/mbn/2008_08_26
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https://www.nxtbook.com/sosland/mbn/2008_04_22
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https://www.nxtbook.com/sosland/mbn/2008_04_01
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https://www.nxtbook.com/sosland/mbn/2008_03_11
https://www.nxtbook.com/sosland/mbn/2008_02_26
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https://www.nxtbook.com/sosland/mbn/2007_10_23
https://www.nxtbook.com/sosland/mbn/2007_10_09
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https://www.nxtbook.com/sosland/mbn/2007_09_11
https://www.nxtbook.com/sosland/mbn/2007_08_28
https://www.nxtbook.com/sosland/mbn/2007_08_14
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https://www.nxtbook.com/sosland/mbn/2007_07_03
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https://www.nxtbook.com/sosland/mbn/2007_05_23
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https://www.nxtbook.com/sosland/mbn/2006_12_19
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https://www.nxtbook.com/sosland/mbn/2006_11_21
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https://www.nxtbook.com/sosland/mbn/2006_10_24
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https://www.nxtbook.com/sosland/mbn/2004_06_01
https://www.nxtbook.com/sosland/mbn/2004_05_25
https://www.nxtbook.com/sosland/mbn/2004_05_18
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https://www.nxtbook.com/sosland/mbn/2004_03_30
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https://www.nxtbook.com/sosland/mbn/2003_12_16
https://www.nxtbook.com/sosland/mbn/2003_12_09
https://www.nxtbook.com/sosland/mbn/2003_12_02
https://www.nxtbook.com/sosland/mbn/2003_11_25
https://www.nxtbook.com/sosland/mbn/2003_11_18
https://www.nxtbook.com/sosland/mbn/2003_11_11
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