Wheat The wheat market has become interesting over the past few weeks. At the beginning of September, the core agricultural area received an average of 25 mm of rain with three consecutive days of precipitation that allowed good penetration into the soil profile. Although the rains were less than needed, they brought some relief to drought-afflicted fields and helped stop some yield losses.   Since then, there has been an improvement in wheat crop and soil moisture ratings but there is still irreversible damage to the crop. Some areas will produce below-average yields this year while others are suffering a complete loss.  At the beginning of the campaign, the crop was forecast by many agencies at 21-22 MMT, but the latest...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, China, North America, South America