Wednesday, August 4, 2010

Wheat prices looking good




Steve Ritter photo
Idaho Wheat Producers hopeful

Chicago--Unusually hot, dry weather that scorched crops in Russia, Ukraine and western Europe pushed a 38 percent rally in wheat prices last month. According to the USDA, U.S. wheat is trading at the highest premium over corn since April 2008 at export terminals in New Orleans.

No comments:

Net Farm Income: up

Net Farm Income Does a Dead Cat Bounce Washington—A common phrase used often when talking about markets that recover slightly after a prec...