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Organic wheat prices in Western Canada have fallen from C$25–30 per bushel to as low as C$11, though some contracts near C$16 remain. Growers are advised against planting wheat on speculation and to rely on contracts.
Weak organic wheat prices and oversupply encourage a shift to conventional crops, which can add to conventional wheat supply.
agcanada.comOrganicBizMar 31, 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.
