Wheat continues sideways pattern amid southern Plains drought

Wheat continues sideways pattern amid southern Plains drought

An ag economist says a lack of rain in the southern Plains has caused the wheat complex to trade sideways.

Greg McBride with Allendale says relief could be coming soon, but… “It might be an isolated shower, or it might be a couple of days of isolated showers,” he said. “But it’s not going to be a long-term fix.”

He tells Brownfield the wheat market has been volatile for several months.

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