Farm Progress

Wheat leads market higher again

Weather woes around the world spark buying.

June 7, 2018

Knorr discusses overnight market moves with Pam Jahnke, Wisconsin Farm Report.

Wheat growers haven’t had a lot to cheer about over the past few years, but futures show signs of trying to change that bearish dynamic. A series of weather problems around the world, from the southern U.S. Plains to the Black Sea and Australia could tighten global supplies. Wheat moved higher again overnight despite sluggish trade in corn and soybeans ahead of weekly export data this morning.

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