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December SRW wheat fell 11 1/4 cents to $5.99 and hit a four-month low. December HRW fell 7 1/2 cents to $6.43, also a four-month low, and spring wheat dropped to $6.19 3/4.
Wheat hitting four-month lows lowers the cost of wheat as a feed grain, which pressures prices of competing feed ingredients such as corn and barley.
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.