Farms.com Home   News

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.

Click here to see more...

Trending Video

Trump Trade Deals with China

Video: Trump Trade Deals with China

The administration claims China has agreed to increase its imports of U.S. agricultural products to at least $17 billion annually through 2028. Chinese officials have yet to confirm which products would be purchased but did recognize there is a deal.