Mercaris reports organic food-grade hard red spring wheat, durum and soybean prices fell in the October-November period from prior periods and from a year earlier. Organic hard red spring wheat neared $15/bu in November, and organic corn and soybean prices were lower.
Organic grain weakness reflects ample wheat supplies, but this is a niche food-grade market with limited influence on conventional feed grain prices.
Not enough comparable past events yet for a historical read.
Not 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.