Loading…
Portland bids for Hard Red Winter wheat averaged about $6.87 per bushel, down 4.75 cents, with protein-premium classes quoted at higher basis levels. Prices were well above year-ago levels, and forward months for November through February were also quoted.
Routine daily bids show steady US HRW values with modest softness. Limited day-to-day change means little new pressure on feed wheat prices.
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.