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Portland bids for July wheat futures moved mixed, ranging from 19.5 cents lower to 2.75 cents higher against the prior day's noon closes. Hard red winter bids for June delivery fell 16.5 cents per bushel, and some exporters were not issuing bids for nearby delivery.
Mixed moves and reduced export bidding indicate little new direction for West Coast wheat and feed prices. This is routine price reporting with no new supply or demand cause.
capitalpress.comStaff ReportsJun 28, 2019Not 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.
