Wheat markets started out higher and continue to build on gains. USDA Weekly Export inspections were light for wheat at 6.9 mln bushels. Corn and soybean inspections for export were both strong. Australia's ABARE is projecting their 2023/24 wheat crop at 25.5 MMT vs last year's 40+ MMT crop. The US$ index is sharply higher. Wheat futures are 10 to 20 cents better, corn is up 3, and soybeans down a nickel.
Big D Ranch Inc.
7590 S. tenmile rd.
Meridian, Idaho, 83642
Prices subject to change, please call for current pricing.
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