The Times - Serving Waitsburg, Dayton and the Touchet Valley

The price of wheat revealed by the Chicago markets since August/September of 2013 has been through quite a swing, starting from around $6.35 at harvest lows, moving up to $7.10 or so in October, then returning to the lows again in November. That is up and down 75 cents per bushel each way in about 2 months.

The Chicago contract is a globally watched price and a good wheat price bellwether, although in this case, Pacific Northwest white wheat traded all the way through the period without a twitch or bobble. The price in September 5th was about $7.30, on October 18th $7.30 and this week (Dece...