# In The Wheat Market, Protein Is At A Premium | ESM Magazine

> Wheat traders are paying record premiums for high-protein wheat after recent harvests favored quantity over quality. July spring wheat futures rose 9.5% this year to $5.89 per bushel on the Minneapolis Grain Exchange, with spring wheat's premium to winter wheat at a record. Hedge funds are increasing bets on a wider spread.

- Date: 2017-06-06 · published 2017-06-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70541-in-the-wheat-market-protein-is-at-a-premium-esm-magazine
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Scarce high-protein supply is raising the price of spring wheat relative to winter wheat, which benefits premium milling and feed-grade buyers paying for quality. The price effect is mostly confined to the protein spread.

## Read by commodity

- WHEAT: bullish ▲

## Sources

- esmmagazine.com: https://www.esmmagazine.com/supply-chain/wheat-market-protein-premium-44100

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.