Wheat Marketing, 2023-2025

From today's bearish outlook, marketing wheat in future years could include everything from reporting field passes to new taxes on crop input use.

Futures Overview

Looking ahead in 2023, the outlook for wheat prices is lower. Following a move down to support, this week’s rebound has been driven mainly by speculative short-covering. Based on the bullish key reversal, near-term momentum remains to the upside and could pull new-crop Minneapolis futures towards $9/bu, but the fundamentals are too heavy…