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Spot hard red winter wheat basis bids were flat to lower across the U.S. Plains on Thursday while K.C. December HRW futures ticked up 2-3/4 cents to $5.15-3/4 per bushel.
Some locations rolled their basis to the December contract.
Routine basis and futures commentary with no new supply shock; wheat prices remain pressured by large global harvests and a strong dollar, keeping feed wheat values subdued.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.