Loading…
Oklahoma State University's Kim Anderson reports the average daily wheat price during June through August 2021 was $6.38 at Medford, Oklahoma, well above the 10-year harvest average of $5.27. Prices were volatile, and world 2021/22 wheat production and ending stock estimates were cut in September.
Harvest-period prices well above the 10-year norm reflect tighter world supply expectations, which keeps Plains wheat prices firm for buyers.
farmprogress.comKim AndersonSep 28, 2021Not 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.
