The June 26th edition of the Legacy Market News included information and statistics about notable changes in the flour market, courtesy of General Mills Foodservice. Here are several key takeaways:
- Wheat futures prices saw a small drop from last week
- Hard red spring wheat crop conditions fell from 81% to 75%, but forecasted rain has eased any concerns
- Conditions for the hard red winter wheat crop got better; 29% of the crop has been harvested (above recent averages)
Be sure to contact Chasin Foods for all your foodservice needs!