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.
September 17 2021 Price Report
CBOT September SRW closed at
$7.08/bu
up 33 cents
KCBT September HRW ended at
$7.13/bu
down 37 cents
MGE September HRS traded at
$9.00/bu
down 17 cents
Basis was mixed in the Pacific Northwest (PNW) this week and slightly up in the Gulf. High export prices compared to other origins softened basis for HRS in the PNW. Logistical challenges remain in the Gulf following Hurricane Ida strengthening basis there.
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