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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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Grain Markets - Heather Ramsey

Video: Grain Markets - Heather Ramsey

South American crops are putting pressure on markets here at home as corn takes another hit this week. Of course, some of the same questions remain about geo-political situations involving Iran and China. Joining us at this week Weed Management Field Day to discuss those topics and more is heather Ramsey of the arc group.