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Spot hard red winter wheat basis bids were flat in the U.S. Plains as dealers watched dry southern Plains weather and awaited the USDA stocks report. Kansas City futures fell on Russia-Ukraine Black Sea talks, while soybeans rose on expectations of lower U.S. acreage.
Dry southern Plains conditions give KC wheat some support, but Black Sea navigation prospects pressure prices. Lower expected U.S. soybean acreage supports soy and soymeal values.
tradingview.comMar 26, 2025Not enough comparable past events yet for a historical read.
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.
