Supply & Demand Archive
- May 11, 2012
- April 10, 2012
- March 12, 2012
- February 9, 2012
- January 12, 2012
- December 9, 2011
- November 9, 2011
- October 12, 2011
- September 12, 2011
- August 11, 2011
- July 12, 2011
- June 9, 2011
- May 11, 2011
- April 8, 2011
- March 10, 2011
- February 9, 2011
- January 12, 2011
- December 10, 2010
- November 9, 2010
- October 8, 2010
- September 10, 2010
- August 12, 2010
- July 9, 2010
- June 11, 2010
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Supply & Demand Archive
- May 11, 2010
- April 9, 2010
- March 10, 2010
- February 9, 2010
- January 12, 2010
- December 11, 2009
- November 10, 2009
- October 9, 2009
- September 11, 2009
- August 12, 2009
- July 10, 2009
- May 12, 2009
- March 11, 2009
- February 13, 2009
- January 14, 2009
- September 12, 2008
- August 12, 2008
- July 16, 2008
- June 10, 2008
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Supply & Demand Archive
- May 14, 2008
- April 9, 2008
- March 11, 2008
- February 8, 2008
- January 11, 2008
- December 11, 2007
- November 11, 2007
- October 12, 2007
- September 12, 2007
- August 10, 2007
- July 13, 2007
- June 11, 2007
- May 12, 2007
- April 10, 2007
- March 9, 2007
- February 12, 2007
- January 12, 2007
- December 11, 2006
- November 13, 2006
- November 6, 2006
- September 12, 2006
- August 14, 2006
- July 12, 2006
- June 9, 2006
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Supply & Demand Archive
- May 12, 2006
- April 10, 2006
- March 9, 2006
- February 9, 2006
- January 12, 2006
- December 9, 2005
- November 15, 2005
- October 12, 2005
- September 14, 2005
- August 18, 2005
- July 12, 2005
- June 10, 2005
- May 12, 2005
- April 8, 2005
- March 10, 2005
- February 9, 2005
- January 12, 2005
- December 10, 2004
- November 12, 2004
- October 12, 2004
- September 10, 2004
- August 12, 2004
- July 12, 2004
- June 10, 2004
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PRICE REPORT
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May 10, 2013
All three wheat contracts closed lower this week due to a sharp drop on Friday following USDA’s first 2013/14 global supply and demand report. Forecasts for record-large world wheat production, unexpectedly high carryout stocks and a 31 percent increase in U.S. corn production pressured wheat futures. Earlier in the week, HRW and HRS contracts found support from poor crop conditions and slow planting progress, respectively. MGEX May contract lost 1 cent on the week to close at $8.58/bu. CBOT May wheat closed 15 cents lower at $6.97/bu and KCBT fell 19 cents to $7.72/bu.
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Harvest Report
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May 17, 2013
Generally, the 2013 HRW crop is 10 days to 2 weeks behind normal compared to 2 weeks ahead of normal development this time last year. Harvest has just begun in extreme southern Texas. Oklahoma is reported to be 29% behind the normal heading date with 46% of the crop rated as poor to very poor. The overall crop from western Texas northward to western Nebraska and east to South Dakota has been devastated by either drought or freeze damage or a combination of both. Some wheat fields in these areas have already been abandoned and will not be harvested, and a few irrigated fields with freeze damage have been baled.
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