Price Report - June 23, 2017
News of deteriorating spring wheat crop conditions continued supporting MGEX futures this week. Seasonal harvest supply pressure pushed CBOT and KCBT lower, although strong export demand lent limited strength. MGEX added 29 cents to $6.61/bu, CBOT July wheat lost 5 cents to $4.60/bu and KCBT fell 9 cents to $4.64/bu. CBOT July corn dropped 26 cents to $3.58/bu and CBOT July soybeans decreased 34 cents to $9.04/bu.