As the middle of August was nearing, the approaching harvest was keeping pressure on the wheat markets, although there were signs of getting prices to a somewhat more stable point. “Obviously, the buyers know the greatest availability of supplies (is at harvest) when the crop is coming off the field and easier to move to town,” said Jim Peterson, marketing director with the North Dakota Wheat Commission. “That’s continued to press the Minneapolis futures, which were in that $5.70 to $5.80 range.”
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Wheat harvest starting to add pressure on prices
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