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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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Seeding Winter Wheat near Oshkosh Nebraska

Video: Seeding Winter Wheat near Oshkosh Nebraska

Seeding Winter Wheat near Oshkosh Nebraska

I am in the fie3ld with a farmer near Oshkosh Nebraska as he his no-till drilling winter wheat into a harvested corn field. In the video the farm is running their John Deere 9470RX tractor pulling a 42 foot wide Deere 1890C air drill with a 1910 commodity cart.

Winter wheat will emerge this fall and go dormant over the winter. In the spring it will stat growing again and be ready to harvest in mid July.