| WHEAT MARKET REVIEW |
econ.sdstate.edu![]() |
| For Week Ending: Thursday, July 2, 2009 | |
| Comments
by: Alan May Extension Economics South Dakota State Univ ersity Brookings, SD 57007-0895 |
MINNEAPOLIS
|
KANSAS
CITY
WHEAT FUTURES |
MONTH |
JUL 2 |
JUN 26 |
CHANGE |
MONTH |
JUL 2 |
JUN 26 |
CHANGE |
|
| Sep | 618 |
667 |
-49 |
Sep | 564 |
600 |
-36 |
|
| Dec | 623 |
679 |
-56 |
Dec | 581 |
617 |
-36 |
|
| Mar | 632 |
689 |
-57 |
Mar | 597 |
632 |
-35 |
|
| May | 644 |
695 |
-51 |
May | 607 |
640 |
-33 |
|
| Jul | 650 |
697 |
-47 |
Jul | 616 |
645 |
-29 |
| CHICAGO WHEAT FUTURES |
|||||
| MONTH |
|
|
CHANGE
|
||
| Sep | 529 |
534 |
-5 |
||
| Dec | 555 |
563 |
-8 |
||
| Mar | 573 |
587 |
-14 |
||
| May | 585 |
604 |
-19 |
||
| Jul | 595 |
616 |
-21 |
||
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| COMMENTS |
The South Dakota average price for spring wheat late this past week was $5.88 per bushel, 36 cents lower than a week ago. The South Dakota average price for winter wheat last this past week was $5.02 per bushel, 23 cents lower than a week ago. USDA’s monthly
supply and demand numbers from the most recent World Agricultural Wheat basis data
and cash wheat price data for various regions of South Dakota is available
by connecting with a link at the bottom of this page.
To access the charts for your region of the state, just click on the
links entitled “Spring wheat cash and basis charts” and “Winter
wheat cash and basis charts”. This basis information is compiled
by the Economics Department at South Dakota State University. |
| For more information: Economics Department website: http://econ.sdstate.edu/ under the Extension tab click on Current Market Analysis Extension Service website: http://sdces.sdstate.edu/ click on the Farm Management/Marketing tab or contact Mr May at: alan.may@sdstate.edu |