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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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Canola Near $800: The Prairies Tell Two Stories

Video: Canola Near $800: The Prairies Tell Two Stories

On this Cuppa Coffee from What the Futures Podcast, Ryan Denis and guest Chuck compare drowned-out Prairie acres with strong crop potential and explain what that split could mean for canola, wheat, peas, and lentils. They also discuss canola near $786, improving crush basis, rising urea prices, European heat, 2027 spring wheat, and China’s pea starch tariff.