
Spot basis bids for hard red winter wheat were steady across the US Plains on February 25, 2025, in quiet trade. Russian wheat export prices rose on a stronger rouble and lower shipments, and Russia's weather forecaster said late frosts were unlikely to cause major damage.
Higher Russian export prices support world wheat values, while the benign frost outlook limits upside. Flat US cash bids show farmer selling is slow and demand is light.
Not 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.