Every Friday, U.S. Wheat Associates (USW) compiles information from market sources, including U.S. wheat exporters of all classes from U.S. export ports. The price indications 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. Actual offers will vary depending on contract specifications, loading terms and other contract terms and conditions. Please contact your export supplier for offers. Subscribe to the USW Price Report to receive it via email every Friday.
March 24, 2023 Price Report
CBOT May SRW closed at
$6.89/bu
Down 22 cents
KCBT May HRW ended at
$8.48/bu
Up 12 cents
MGE May HRS traded at
$8.58/bu
Down 3 cents
Though export demand has remained light for all U.S. wheat classes, HRS and HRW basis ended the week mixed, while the soft wheat classes decreased. HRS was up in the Gulf and flat in the PNW, supported by lagging rail performance. Likewise, HRW basis was up in the Gulf and flat in the PNW, also supported by low farmer engagement. The inverted market and the high cost of carry continue to influence HRW basis. Gulf SRW basis and PNW soft white wheat prices decreased, in line with competing origins, in search of demand.
Price Report
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Tyllor Ledford
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Tyllor Ledford2023-03-24 16:25:472023-03-24 16:25:47Price Report – March 24, 2023
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Tyllor Ledford2023-03-17 17:10:552023-03-17 17:10:55Price Report – March 17, 2023
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Tyllor Ledford
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Tyllor Ledford2023-03-10 17:52:172023-03-10 17:52:17Price Report – March 10, 2023
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Tyllor Ledford2023-03-03 16:51:382023-03-03 16:51:38Price Report – March 3, 2023
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Tyllor Ledford2023-02-24 18:04:212023-02-24 18:04:21Price Report – February 24, 2023
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Tyllor Ledford2023-02-17 17:01:332023-02-17 17:01:33Price Report – February 17, 2023
