Key facts
- KC wheat prices are down 16% from the May high.
- The market fell an additional 2% following crop condition reports.
- Crop conditions are confirmed as the worst in decades.
- Only 26% of the crop is rated as good/excellent.
KC wheat has seen a substantial price drop, declining 16% from its May peak. This downturn follows reports confirming the worst crop conditions in decades, with only 26% of the crop rated as good or excellent. The market experienced an additional 2% decrease after these conditions were confirmed.