July KC Wheat Chart

Wheat price had a high on Tuesday of $7.41, a low earlier this morning at $6.82 before rallying to close at $7.03. We believe anything within this range is fair game going forward and weather again, will be the primary factor and wheat will likely be mostly a follower of corn and beans but wheat will also be watching the forecast for the spring wheat areas in the Dakota’s, MT, and northwestern MN.