2008-2009 wheat prices a reverse of 2007-2008 prices

Anderson, Kim
January 2008
Southwest Farm Press;1/10/2008, Vol. 35 Issue 2, p19
Trade Publication
The article discusses a marketing review for the 2007 harvested wheat and the expectations for the harvested wheat in 2008 in the U.S. Poor growing and harvesting weather conditions globally resulted in a record high 2007-2008 marketing year wheat prices. Above average winter wheat crops may result to the decrease of wheat prices in July and August 2008. Above average foreign wheat crops may also be the cause for wheat prices to fall below $7 and probably below $6 by October 2008.


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