Spring wheat market looking at choppy trade

Mark Conlon
Jan 5, 2024
Jan 5, 2024

Facebook
Twitter
Bluesky
WhatsApp
SMS
Email
Print
Save

With 2024 just beginning, the spring wheat market was starting out the new year with some choppy trade.

kAm“!C:46D 2C6 5@H? :? 2== E96 H962E >2C<6ED[ 3FE >@C6 D@ :? r9:428@ 2?5 z2?D2D r:EJ[” D2:5 y:> !6E6CD@?[ >2C<6E 5:C64E@C 7@C E96 }@CE9 s2<@E2 (962E r@>>:DD:@?[ 255:?8 E92E E96 >2C<6E :D 562=:?8 H:E9 D@>6 D:>:=2C G2C:23=6D 2D :E H2D 562=:?8 H:E9 E@H2C5 E96 6?5 @7 a_ab]k^Am

kAm“qC2K:=:2? H62E96C 92D EFC?65 >@C6 72G@C23=6 7@C E96:C D@J362? 4C@A W2?5X E92E’D AFE AC6DDFC6 @? &]$] D@J362? 2?5 4@C? G2=F6D[ D@ H962E 92D 366? 5C:7E:?8 =@H6C :? DJ>A2E9J H:E9 E92E[” 96 D2:5]k^Am

kAmp?@E96C 3:8 :DDF6 8=@32==J :D E92E 6IA@CED @FE @7 #FDD:2 2C6 DE:== @? E2C86E E@ 9:E 2 C64@C5 =6G6= 7@C 6IA@CED] %96 q=24< $62 C68:@?[ 4@==64E:G6=J[ 5:5 C6249 2 9:896C 6IA@CE =6G6= =2DE J62C[ 3FE E9:D J62C[ ;FDE 5F6 E@ 2 3:8 4C@A 2?5 288C6DD:G6 AC:4:?8[ #FDD:2 :D 4FCC6?E=J @? A246 E@ D6E 2 ?6H C64@C5]k^Am

kAm“%@ AFE :E :? A6CDA64E:G6[ #FDD:2’D :>A24E E96 =2DE 4@FA=6 J62CD[ 2?5 6DA64:2==J E9:D J62C[ :D E92E :? a_a` E96J 244@F?E65 7@C `e A6C46?E @7 H@C=5 H962E 6IA@CED] %9:D J62C E96J’C6 AC@;64E65 E@ C6249 ac A6C46?E @7 8=@32= H962E 6IA@CED[” 96 D2:5] “&?E:= E92E D9:7ED[ 6:E96C 5F6 E@ 4C@A AC@5F4E:@? AC@3=6>D @C >@C6 =@8:DE:4 492==6?86D 4@>:?8 @FE @7 E96 q=24< $62 C68:@?[ E92E H:== DE:== 4@?E:?F6 E@ 36 E96 F?7@CEF?2E6 5C:G6C :? H@C=5 H962E >2C<6ED]”k^Am

kAmp?5 :7 #FDD:2 92D :?4C62D65 8=@32= >2C<6E D92C6 3J g A6C46?E[ H9@ 92D 366? @? E96 @E96C D:56 @7 E92Enk^Am

kAm“x?E6C6DE:?8=J[ E96 &]$] :D @?=J 5@H? ` A6C46?E :? >2C<6E D92C6 @G6C E92E E:>6 A6C:@5 2?5 DE:== 244@F?ED 7@C `_\`` A6C46?E @7 H@C=5 H962E 6IA@CED[” 96 D2:5] “xE’D 366? >@C6 pC86?E:?2 2?5 &<C2:?6 E92E 92G6 76=E E96 3CF?E @7 :E] %92E >2<6D D6?D6 3642FD6[ @3G:@FD=J[ &<C2:?6 92D 925 E96 =2C86DE 4@?DEC2:?ED 5F6 E@ AC@5F4E:@? 492==6?86D 2?5 E96 3@>3:?8 @7 :ED 6IA@CE 724:=:E:6D 2?5 =:>:E65 @AE:@?D @E96C E92? E9@D6 A@CE 724:=:E:6D]k^Am

kAm“p?5 E96? pC86?E:?2 92D 925 D@>6 4C@A AC@5F4E:@? AC@3=6>D] qFE :E’D 2=D@ E96 EJA6 @7 H962E E92E #FDD:2 6IA@CED] #FDD:2? H962E 92D 7=@H65 :?E@ $@FE9 p>6C:42[ 2D H6== 2D p7C:42 2?5 E96 |:55=6k^Am

kAmt2DE[ 2E AC6EEJ 4962A =6G6=D[ E2<:?8 D@>6 @7 E96 pC86?E:?2 56>2?5[” 96 25565]k^Am

kAm!6E6CD@? ?@E65 E92E 4FCC6?E 42D9 AC:46D 7@C &]$] 92C5 C65 DAC:?8 H962E 2C6 :? E96 Se]d_ E@ Se]h_ C2?86 H:E9 2? 2G6C286 @7 Se]f_]k^Am

kAm“(96C6 H6’G6 D66? 7FEFC6D 4@?E:?F6 E@ D=:56[ H6 >2J 92G6 D66? D@>6 :>AC@G:?8 42D9 32D:D[ 3FE E92E’D ;FDE <66A:?8 42D9 AC:46D :? E92E EC25:?8 C2?86[” 96 D2:5] “(6’== D66 H92E 92AA6?D 8@:?8 7@CH2C5]”k^Am

kAmw6 2=D@ ?@E65 E92E E96 &]$] 42AEFC65 “D@>6 AC6EEJ 8@@5 6IA@CE 56>2?5” :? s646>36C H:E9 r9:?2 AFC492D:?8 D@>6 D@7E C65 H:?E6C H962E] %92E =65 &$sp E@ C2:D6 &]$] 6IA@CE AC@;64E:@?D 7@C E96 J62C E@ fad >:==:@? 3FD96=D W|qX[ FA 7C@> f__ |q :? :ED AC6G:@FD C6A@CE]k^Am

kAm“%92E DE:== A=246D :E 2 =:EE=6 36=@H 2 J62C 28@ 3FE[ ?@?6E96=6DD[ :E :D A@D:E:G6 E@ D66 E96> :?4C62D:?8 AC@;64E:@?D >:5\D62D@?[” 96 D2:5]k^Am

People are also reading…

Good cattle and a giving nature: Late cowboy to receive hall of fame honors
County school’s Easter parties created lasting memories
Meristem focuses on reducing crop input costs for farmers
Virtual fence shows potential for producers
Fertilizer prices seasonally higher, rising globally
Farmers visit Mexico ahead of USMCA talks
Defend Digestive Function to Protect Profitability
Couples partner to open Sasquatch Acres farmstand
Divine intent of creation respected
Social media talk burns my britches
The sacrifice and perseverance of a ranch woman
Precision ag technology put to work
Brooks Chalky Butte Angus Ranch 2026 Production Sale
Quality data, trust key to AI in agriculture
Eastern Iowa woman drawn to new foods and hobbies

kAm{@@<:?8 2E E96 4FCC6?E &]$] H962E 6IA@CE A246[ 2D @7 E96 E9:C5 H66< :? s646>36C[ E96 &]$] 925 ddg |q :? D2=6D[ 2? :?4C62D6 @7 a A6C46?E 7C@> 2 J62C 28@]k^Am

kAm“&$sp :D AC@;64E:?8 E92E 6IA@CED H@F=5 36 5@H? c A6C46?E[ D@ >2J36 H6’== D66 D@>6 7FCE96C 25;FDE>6?ED 2D E96 J62C AC@8C6DD6D[” 96 D2:5]k^Am

kAm%96 3:8 >2C<6ED 7@C &]$] H962E :?4=F56 |6I:4@[ H9:49 244@F?ED 7@C C@F89=J h_ |q @7 56>2?5 E9:D >2C<6E:?8 J62C] %92E’D @77 c A6C46?E 7C@> 2 J62C 28@] r9:?2 92D 366? 2?@E96C 3:8 @?6 2?5 :D FA E@ g` |q :? AFC492D6D] %92E’D 7@FC E:>6D =2C86C E92? 2 J62C 28@ 2E E9:D E:>6] %96 !9:=:AA:?6D :D E9:C5 H:E9 23@FE fd |q[ H9:49 :D FA `d A6C46?E]k^Am

kAmqJ 4=2DD[ D@7E C65 H:?E6C H962E[ H9:49 :D E96 4=2DD @7 H962E r9:?2 92D AFC492D65 C646?E=J[ :D FA E@ `dg |q :? D2=6D[ H9:49 :D g_ A6C46?E >@C6 E92? 2 J62C 28@]k^Am

kAmw2C5 C65 DAC:?8 H962E :D DE:== E96 =625:?8 4=2DD @7 &]$] H962E 6IA@CED H:E9 `fg |q :? D2=6D[ H9:49 :D FA f A6C46?E 7C@> =2DE J62C 2E E9:D E:>6]k^Am

kAm“&$sp :D AC@;64E:?8 DAC:?8 H962E 6IA@CED H:== 36 FA d A6C46?E 7C@> 2 J62C 28@[ D@ H6’C6 DE:== CF??:?8 29625 @7 @FC E2C86E[ H9:49 :D AC@;64E65 E@ C6249 aad >:==:@? 3FD96=D[” !6E6CD@? D2:5]k^Am

kAm“(6’C6 2=D@ D66:?8 8@@5 C64@G6CJ @7 56>2?5 :? $@FE9 pD:2? >2C<6ED[ :?4=F5:?8 ':6E?2> 2?5 x?5@?6D:2[ 2?5 2=D@ D@>6 8@@5 56>2?5 :? E96 r2C:3362? 2?5 r6?EC2= p>6C:42? C68:@?]k^Am

kAm(96C6 E96 &]$] :D DECF88=:?8 :D :? E96 tFC@A62? &?:@? 2?5 2=D@ :? y2A2? 2?5 D@>6 @7 E96 }@CE9 pD:2? >2C<6ED]k^Am

kAm“(6’C6 9@A67F= E92E r9:?2 H:== 4@>6 :? 2?5 AFC492D6 D@>6 DAC:?8 H962E :? 255:E:@? E@ D@7E C65 H:?E6C H962E 3642FD6 E96J’C6 ?665:?8 D@>6 9:896C\AC@E6:?[ D@>6 9:896C\BF2=:EJ H962ED 2?5[ F?7@CEF?2E6=J[ E96J’C6 AFC492D:?8 2 =@E @7 E92E 7C@> r2?252 C:89E ?@H[” 96 D2:5] “r2?25:2? 6IA@CED 92G6 366? DEC@?86C E92? 6IA64E65 :? E96 62C=J >@?E9D]”k^Am

kAmv=@32==J[ E96 #FDD:2? 5@>:?2?46 @? E96 H@C=5 >2C<6E :D D@>6E9:?8 E92E H:== 36 H2E4965 4=@D6=J 2D H6 >@G6 7FCE96C :?E@ a_ac] p?5 E96C6’D 2=D@ 6D42=2E:?8 E6?D:@?D :? E96 #65 $62 4@CC:5@C[ H9:49 H:== 2=D@ 362C H2E49:?8]k^Am

kAm“$9:AD 92G6 925 E@ 36 C6C@FE65 2C@F?5 p7C:42 E@ C6249 D@>6 @7 E9@D6 |:55=6 t2DE6C? 4@F?EC:6D[ H9:49 46CE2:?=J 255D E@ E96 4@DE[” 96 D2:5[ 255:?8 E96C6 2C6 2 =@E @7 3:8 H962E 4@?DF>AE:@? >2C<6ED :? E92E 4@CC:5@C 2?5 :7 E92E 4@?E:?F6D E@ 6D42=2E6 :E 4@F=5 92G6 2 3:8 :>A24E @? E96 >2C<6ED]k^Am

kAm*6E 2?@E96C :DDF6 E@ <66A 2? 6J6 @? :D |6I:4@[ H9:49[ 2D DE2E65 62C=:6C[ 92D 366? 2 G6CJ DEC@?8 3FJ6C @7 &]$] DAC:?8 H962E]k^Am

kAm“x? s646>36C[ E96 4FDE@>D 2?5 3@C56C A2EC@= AFE 2? 6>32C8@ @? C2:= 4C@DD:?8D[ H9:49 =2DE65 2 76H 52JD] |6I:4@ 244@F?ED 7@C 23@FE a_ A6C46?E @7 E96 D2=6D @? E96 3@@<D 7@C 92C5 C65 DAC:?8 H962E[ D@ 2?J 7FCE96C 5:DCFAE:@?D :? E9@D6 C2:= 4@CC:5@CD H@F=5 :>A24E 2== 4=2DD6D @7 &]$] H962E 6IA@CED[ 2D H6== 2D 4@C? 2?5 2 =@E @7 @E96C AC@5F4ED[” 96 6IA=2:?65] “|6I:4@ 92D 366? 2 AC6EEJ :>A@CE2?E >2C<6E 7@C DAC:?8 H962E[ D@ E92E 362CD H2E49:?8]”k^Am

kAm{2DE=J[ E96 H62E96C :? E96 92C5 C65 H:?E6C H962E C68:@? 2=D@ ?665D H2E49:?8 2D H6 8@ 7@CH2C5]k^Am

kAm“W%92E C68:@? 92DX C646:G65 D@>6 AC64:A:E2E:@? 2?5 E96 6IE6?565 7@C642DE :D 2=D@ =@@<:?8 72G@C23=6 7@C :?4C62D65 >@:DEFC6[” 96 D2:5] “%96J H6?E :?E@ H:?E6C :? >F49 36EE6C 4@?5:E:@? E92? 2 J62C 28@[ D@ AC@DA64ED 2C6 DEC@?86C 7@C E96 4C@A[ 3FE 2?J 4@=5 H62E96C D9@ED 2?5 2?J 492?86 :? AC64:A:E2E:@? A2EE6C?D 4@F=5 :>A24E E96 >2C<6ED 2D H6 8@ 7@CH2C5]”k^Am