Tag Archives: Wheat
Highly Unpredictable Wheat Prices Lie Ahead

Wheat futures prices languished near $6.30 per bushel in late December, poised to end 2023 roughly 15% lower year-over-year. Abundant global supplies from major producers like Russia and South America outweighed supply disruption risks stemming from the ongoing war in Ukraine. The latest USDA forecasts showed Russia’s 2023/2024 wheat crop could reach 90 million metric […]