Walt Breitinger: Wheat and corn collapse, Lumber stumbles as rates rise

Industry News

Wheat and corn prices plummeted all week on reports that Russia may allow exports from Ukraine. Domestic planting also finally progressed, and foreign countries ran into shipping problems or were low on funds to buy U.S. grain. The price declines occurred despite high input prices (fuel, fertilizer, pesticides and labor), most of which were factored…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Sarawak’s export of timber products declined in first quarter of 2023
Stock futures rise after GOP and White House reach tentative U.S. debt ceiling deal: Live updates
Thousands of Atlanta homes sit vacant amid housing crisis, data shows
Lumber Futures – May 25, 2023
New research on wood behaviour can help develop and optimise drying processes