The U.S. hard red winter wheat crop is likely getting larger. Barring a wet weather pattern during the harvest period, the last issue is what the market can expect in terms of protein content.

The U.S. hard red winter wheat crop is likely getting larger. Additional good, widespread rains combined with moderate temperatures will allow this crop to finish in a big way. Barring a wet weather pattern during the harvest period, the last issue is what the market can expect in terms of protein content. High yields with little stress typically mean a lower level, and the market wants 12 percent or higher. Some crop watchers are now concerned that it might be a struggle to reach 11.5 percent protein, but there is no way to know until harvest gets...