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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 - Doug Simon

Video: Grain Markets - Doug Simon

Doug Simon was in studio visiting with Bryce this week to give us some insight on the latest happenings in the Grain Markets. Here is their conversation from Wednesday afternoon.