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US winter wheat plantings have fallen to the lowest since 1909 as farmers switch to soybeans, corn, or pulses. Analysts note that surplus corn stocks are also large and that trade uncertainty clouds US export prospects.
Reduced wheat acreage may tighten supply later, but large surplus stocks in both wheat and corn currently cap prices for feed grains.
farmprogress.comMelissa HemkenFeb 14, 2017Not 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.
