Loading…

Spot hard red winter wheat basis was unchanged in the southern Plains on Tuesday with little farmer selling. USDA reported winter wheat harvest 80% complete, slightly ahead of the prior week.
K.C. September futures fell 7.5 cents to $5.18-1/2 per bushel.
Harvest progress and light farmer selling leave HRW cash bids steady, while futures weakness reflects the broader harvest pressure.
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.