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Western Canadian wheat bids were mixed in the week ended October 10, with CWRS prices up $4-5 per tonne on adverse harvest weather and US futures. Average CWRS prices ranged from about C$223 to C$241.50 per tonne, while CPSR bids fell.
Harvest weather keeping cash bids firm supports Canadian wheat prices, which feeds into global wheat values used as feed.
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.