AgResource Wheat Comment and Analysis
World Wheat Markets Leap As Much as $60-80/MT: Global wheat futures set new highs today, a day on which the world wheat market saw it most serious geopolitical event since the Soviet Wheat Embargo (1980). CME and KC old-crop crontracts were up 40-50 cents, MGE old-crop was up 17-29 cents. Matiff wheat jumped $60 MT…