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AP News reports that wheat prices soared on concerns of war and drought. The excerpt cites a cash price of $10.89 in Great Falls according to USDA.
Higher wheat cash prices in the US raise the cost of wheat-based feed ingredients, supporting feed price inflation.
apnews.comTom LuteyMar 5, 2022Not 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.
