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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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What’s at Stake in Every Slice | On The Brink: Episode 7

Video: What’s at Stake in Every Slice | On The Brink: Episode 7

Six hundred Canadian farms grow grain for Warburton's under custom contract — and that partnership exists because of Canadian plant breeding. Now the man responsible for maintaining it is sounding the alarm.

Adam Dyck is the program manager for Warburton's Canada, a company that produces over two million loaves of bread a day for more than 20,000 retail locations across the UK. He's watched Canadian wheat deliver thirty years of yield gains and quality advancements that make it worth sourcing at scale — and shipping across the Atlantic. But he's also watching the investment conditions that produced those gains come under pressure. Dyck makes the case for a new funding mechanism that brings both public and private dollars into wheat breeding before Canada's competitive window starts to close.