Loading…

Northern Plains spring wheat quality and yields are varying widely, with lighter test weights, variable protein and falling number problems. Minneapolis spring wheat futures hit fresh lows near $5.50, while protein premiums and domestic cash demand are emerging.
Quality-driven premiums and lower basis for high-quality lots can support prices for specific grades even as flat price falls. Overall spring wheat futures remain weighed down by the broader market.
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.