Wheat is the second-largest commodities crop in the world, behind only corn. Wheat is one of the world’s most important cereal crops grown for human consumption. Investing in wheat futures allows traders to participate in the agricultural markets without holding a physical market position. Investing in wheat futures also provides growers with a risk management tool to protect the price of their expected purchase or sale of physical grain. The United States is one of the world’s largest wheat producing countries. Japan is one of the largest importers of wheat in the world, with imports originating from Australia, Canada, and the United States. Exportable wheat supplies are also available from Argentina, Europe, Ukraine and other areas of the world, depending on crop situations. This makes wheat a truly global market and allows traders to enter into a global environment to create a broad trading strategy using wheat alone or in combination with other grains.
Swiss whistle-blower Rudolf Elmer — the former chief operating officer of the Cayman Islands subsidiary for Swiss bank Julius Baer — handed the discs to WikiLeaks founder Julian Assange at a press conference in London. The data relate to offshore bank accounts allegedly held by individuals and companies from across the world, including the U.S., U.K. and Germany, and covers 1990 to 2009.