econ.sdstate.edu

MINNEAPOLIS
WHEAT FUTURES

The commentary for this week is in the form of a ten minute web-video that can be accessed on the link above entitled, “2008 June Acreage Report Analysis”.

Have a safe July 4th holiday weekend.

South Dakota average old crop spring wheat price on Wednesday of this week: $9.27, 99 cents lower than a week ago.

South Dakota average old crop winter wheat price on Wednesday of this week: $8.50, 94 cents lower than a week ago.

USDA’s monthly supply and demand numbers from the most recent World Agricultural
Supply and Demand Estimates report are summarized in a file that is linked below. For complete details, simply click on the link entitled, “Wheat Supply and Demand.”

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.