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Pacific Northwest soft white wheat prices are stuck near $6 per bushel, with hard red winter and dark northern spring ranging higher. Harvest is about halfway done with yields running above average.
Farm marketings lag normal, and the $12 billion farmer aid announcement is disrupting usual harvest selling patterns.
Slow farmer marketings and the aid package may delay supply, keeping wheat prices firm near current levels for feed buyers.
capitalpress.comMatthew WeaverJul 26, 2018Not 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.
