Fundamental projections call for much lower prices this fall IF rains come to the Midwest. Beginning a forward pricing program now is a prudent market risk management strategy. Back to Soybean Outlook Wheat Market Conditions . July wheat futures contracts have turned south heading into the home stretch of the winter wheat growing season. Timely rains arriving in many parts of the wheat areas of the high plains and that means adequate U.S. supplies along with large world stocks.
Prices are likely to continue to trend lower into the harvest period.
Back to Wheat Outlook Dairy Outlook. Most of the increase occurred in western states. This high production has resulted in the lowest prices seen in over twenty years. Back to Dairy Outlook Funds from Washington Helping Farmers Pay Their Bills . While much of these monies are ad hoc appropriations, a large percentage are part of the 1996 farm bill which was designed to transition the government away from farm programs.