Price Report - April 13, 2018
Weather continues to dominate wheat futures, which ended mixed this week. Forecasts for rain across some of the drought-stricken hard red winter (HRW) growing areas pressured KCBT futures lower, but snow and cold temperatures across the U.S. Northern Plains are delaying spring wheat planting and supporting MGEX. CBOT May closed flat this week $4.72/bu, KCBT dropped 11 cents to $4.96/bu, and MGEX increased 10 cents to $6.17/bu. CBOT May corn finished 2 cents lower at $3.86/bu and CBOT May soybeans climbed 20 cents to $10.54/bu.