Wheat Prices up on Back of Drought

27 Feb 2018 by Local Press Report
OTTAWA ON

Weather concerns spread across the wheat sector on Monday. Forecasts suggest that there won’t be too much rain in the near future to help support a very thirsty crop with red flag warnings across the Texas Panhandle and parts of Kansas as higher winds and drier forecasts are sparking fears about wildfires. Meanwhile, extremely cold temperatures around the Black Sea have some analysts concerned about the state of dormant winter crops in Southern Russia and Ukraine. The weather was as low as minus 25 degrees Celsius.

Source: Farmlead

Source: Farmlead