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Wheat price skyrockets after new report

16-08-2021 | |
Wheat price skyrockets after new report. Photo: Mark Pasveer
Photo: Mark Pasveer
Wheat prices on the futures market in Chicago increased again on August 12 after the release of the new Wasde report. The September contract for common wheat rose by 3.6% to 753.5 cents per bushel, about € 236 per tonne. This means that the wheat price of this supply contract is approaching the peak of early May. In the peak on May 7 of this year, the September contract was paid 762.25 dollar cents per bushel, a difference of about € 2 per tonne. The price of the most expensive contract


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Marieke
Ploegmakers

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Matthew
Wedzerai

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Treena
Hein

Ramaker
John Ramaker Commodities market editor, Boerderij