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Wheat futures fell last week as USDA raised winter wheat production estimates and harvest progress looked good, despite solid export sales. Corn was near unchanged after USDA projected a record 16.74 billion bushel crop at 188.8 bu/acre, with speculative selling continuing.
Russian Black Sea wheat prices firmed as producers held back sales, and dry weather is being watched in Russia and Ukraine.
Large US crop projections and good harvest conditions weigh on wheat and corn prices, while Black Sea dryness and farmer holding could limit downside for wheat.
blog.pricegroup.comJack ScovilleAug 18, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
