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The Tulsa Port of Catoosa reported record June barge shipments of 236,249 tons across 159 barges, its largest month in over five years. Wheat was the top commodity, with 81,782 tons moved by Gavilon Grain.
Oklahoma's June wheat harvest reached 113.4 million bushels at a state-record yield of 42 bushels per acre.
A larger Oklahoma hard red winter wheat crop adds to domestic supply and can pressure HRW prices during harvest marketing.
waterwaysjournal.netWaterways JournalJul 22, 2020After 70 past bearish weather events, Wheat (HRW) moved a median -0.6% over 5 sessions (41% higher; middle half -3.9% to +2.5%), and -1.1% over 20.
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.
