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.
March 27 2020 Price Report
CBOT May SRW ended at
$5.71/bu
up 65 cents
KCBT May HRW closed at
$4.87
up 55 cents
MGEX May HRS traded at
$5.37/bu
up 29 cents
Increased farmer selling and reduced export demand pressured Gulf HRS export basis. Gulf HRW export basis remained steady week-over-week as increased domestic and export demand offset increased farmer selling. Minimal export demand pressured SRW export basis for nearby and deferred deliveries. Tight exportable supplies in the Pacific Northwest (PNW) and minimal farmer selling increased PNW HRW export basis for April and May deliveries. Higher CBOT SRW futures prices supported PNW soft white wheat export prices week-over-week.
Price Reports
