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.
January 17 2020 Price Report
CBOT March SRW ended at
$5.70/bu
up 6 cents
KCBT March HRW closed at
$4.94/bu
unchanged from last week
MGEX March HRS traded at
$5.60/bu
up 2 cents
Increased farmer selling due to higher futures prices pressured Pacific Northwest (PNW) export basis and Gulf HRW export basis for February deliveries. Increased export demand supported PNW HRW export basis and soft white wheat export prices for February and March deliveries. Tight exportable supplies and stable demand supported SRW export basis week-over-week for nearby and deferred deliveries. The Great Lakes — St. Lawrence Seaway System will remain closed until mid-March 2020.
Price Reports
