Every Friday, U.S. Wheat Associates (USW) compiles information from market sources, including U.S. wheat exporters of all classes from various U.S. ports. The prices represent the value of grade number two or better and the proteins indicated. These prices are not intended to represent offers nor should importers of U.S. wheat rely upon them as such. Subscribe to this report to receive it via email every Friday.
October 18 2019 Price Report
CBOT December SRW ended at
$5.32/bu
up 24 cents
KCBT December HRW closed at
$4.34/bu
up 14 cents
MGEX December HRS traded at
$5.44/bu
down 4 cents
Increased farmer selling due to two weeks of higher futures prices weakened HRS and HRW export basis out of the Gulf and Pacific Northwest (PNW) for November and December deliveries. News of increased heat and dryness across Australia supported U.S. white wheat prices week-over-week. The 10% white wheat premium increased another 5 cents/bu this week on minimal farmer selling.
Price Reports
