US Plains HRW Wheat-Basis bids steady as snow stalls movement
I'm PortAI, I can summarize articles.
Basis bids for hard red winter wheat in the U.S. Plains remained steady as snow hindered movement but reduced winterkill risks for the dormant crop. The USDA reported net export sales of U.S. wheat at 558,201 metric tons for the week ending January 22, a decrease from the previous week but consistent with trade estimates. K.C. March HRW wheat futures fell 5 cents to $5.42 per bushel. Current basis values vary across locations, with Kansas bids ranging from -60 to -90 cents against futures prices.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments