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Wheat Prices Fall To Pre-War Levels

Wheat Prices Fall To Pre-War Levels

Wheat prices have dropped to the level they were before the Russia-Ukraine war began, market analysts say, citing a lack of demand. Soft white wheat is $9 per bushel on the Portland market, down from $11 to $11.50 per bushel a month ago. "A drop going into Northern Hemisphere harvest isn't super surprising," said Byron Behne, senior merchant at Northwest Grain Growers in Walla Walla, Wash.

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Corn is lower Tuesday morning | Opening Market Minute

Video: Corn is lower Tuesday morning | Opening Market Minute

Brownfield Commodity Market Reporter John Perkins has your look at the early losses in soybeans, corn, and wheat, and the mixed opens for cattle and hogs.

» Soybeans and corn are watching development weather
» Wheat is focused on the winter wheat harvest
» Cattle are waiting for direct business
» Hogs continue to question sustained demand