agriculureandfarming

WASHINGTON – May 09, 2022According to the U.S. Department of Agriculture, herewith the US grains inspected and/or weighed for export during the week ending May 05, 2022.

US farm markets were mostly lower on Friday. Some warmer weather on the horizon for a large portions of the Midwest, gave hope to get more planters rolling and allow more farmers to sow their 2022 spring crops in the ground.  That drove corn and soybean prices down and May grain contracts posted a mixed result

Yesterday wheat prices skyrocketed again on US farm markets, with July contracts for Chicago and Kansas City sitting above the rarely seen $11 per bushel benchmark, while Minneapolis contract closed above $12/bu. Particularly, SRW wheat prices were up 2.79% on the day.  Kansas City HRW prices strengthened 4.79%.  Spring wheat prices were 2.76% higher.  Corn and