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Spot basis bids for hard red winter wheat were mostly steady across the U.S. Plains on February 26, 2025, as light demand and lower futures weighed. K.C.
March wheat futures traded 6.5 cents lower at $5.85-1/4 per bushel.
Routine basis and futures moves show weak cash demand for HRW wheat, with farmers holding sales. This is a routine price commentary with no new cause.
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.