The market fundamentals for spring wheat are bullish, says an analyst. “I think you’re probably going to be looking at better pricing opportunities here in the future,” said MarketsFarm analyst Bruce Burnett. Strong demand combined with supply problems in key export markets would suggest the crop is undervalued. Minneapolis spring wheat December futures have tumbled […] Read more
Tag Archives spring wheat — page 4
Analysts see promise in this year’s growing season
North America’s spring wheat crop is late getting in the ground, but production prospects still look promising, say analysts. Farmers in the United States were 64 percent done seeding as of May 21, according to the U.S. Department of Agriculture. That is below the five-year average of 73 percent. Growers in Saskatchewan were 68 percent […] Read more
