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Minimum insurance prices for the 2024 Kansas wheat crop were set in mid-September at $7.34 per bushel, down $1.45 from last year. Growers say the lower prices are discouraging winter wheat planting in the state.
Reduced US winter wheat acreage for 2024 could tighten future HRW supplies, while lower prices currently weigh on sentiment.
reuters.comJulie IngwersenOct 12, 2023Not 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.
