A huge wheat harvest is pushing prices to 3-year lows - down 21% YTD - with analysts calling for...

|By:, SA News Editor

A huge wheat harvest is pushing prices to 3-year lows - down 21% YTD - with analysts calling for another 6% drop before the end of the year. Bigger plantings in the U.S. and Canada, along with a recovery from a severe drought in Russia and Ukraine, led to the increased production. Companies looking to improve margins with cheaper wheat input costs: BGS, GIS, THS, RAH.