
Wheat futures rose more than 2% to around $6.50 per bushel in mid-May, supported by expectations of stronger demand following the release of details on China’s expanded commitment to purchasing U.S. agricultural goods. Under the agreement reached after high-level talks between President Donald Trump and President Xi Jinping, China pledged to import at least $17 billion annually in US agricultural products through 2028. The deal builds on existing soybean purchase arrangements and is expected to have spillover effects that could also support demand for other commodities, including wheat. However, farmers continue to face cost pressures, with recent increases in fuel and fertilizer prices, driven by ongoing geopolitical tensions in the Middle East, raising production costs and adding volatility to the broader agricultural outlook.

Profit
Everyone's racing to cut costs. We're racing to create profit.
Start Selling through Service






