The Times - Serving Waitsburg, Dayton and the Touchet Valley

Wheat is an actively traded market, with participants ranging from individual small speculative traders, farmers and local cooperative elevators to billion dollar trading funds and multi-national grain handling firms.

There are futures contracts trading all over the world, but soft red wheat futures at the Chicago Board of Trade are the best known and most widely followed. This is partly because of its reputation as a reliable indicator of global wheat prices, and partly due to its great liquidity or ease of trading, from “one-lots” of 5,000 bushels to million-bushel orders.

There is...