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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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In the Field Update

Video: In the Field Update

Let's get an update from the field. Planters are out and about rolling through Nebraska fields. Market Journal’s Steve White caught up with area producer Michael Dibbern near Wood River, to see how things are shaping up on his operation. Here is their conversation from Wednesday afternoon.