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Matt Mattke at Total Farm Marketing said, “Wheat futures rallying on a weaker U.S. dollar, increased wheat feeding, and concerns over crop conditions. Russia’s largest wheat-producing region declared a state of emergency due to a poor crop—making it the third region to do so.” Matt Mattke at Total Farm Marketing said, “Rainfall forecasts of 3 to 5 inches over the next seven days for Missouri and southern Illinois are also influencing the market.” Austin Schroeder at Barchart.com said, “Weekly Crop Progress data indicated winter wheat conditions slipping 2% to 52% gd/ex, with the Brugler500 index down 2 to 336. Ratings by state via the Brugler500 index were down 13 points in CO, and 14 points in TX for the HRW states, with MI slipping 3 and NC down 4. Improvement was noted in SD, up 22 points, with KS up 4, NE 7 points higher and OK up 6.”





