Every Friday, U.S. Wheat Associates (USW) compiles information from market sources, including U.S. wheat exporters of all classes from U.S. export ports. The price indications represent the value of grade number two or better and the proteins indicated. These prices are not intended to represent offers, nor should importers of U.S. wheat rely upon them as such. Actual offers will vary depending on contract specifications, loading terms and other contract terms and conditions. Please contact your export supplier for offers. Subscribe to the USW Price Report to receive it via email every Friday.
January 17, 2025
CBOT March SRW closed at
$5.39/bu
Up 8 cents
KCBT March HRW closed at
$5.48/bu
Down 3 cents
MGE March HRS traded at
$5.84/bu
Flat
Basis levels ended the week varied. The Gulf basis remained largely unchanged. In the PNW, the HRS basis inched lower, the HRW remained flat, and SW prices ticked up slightly. Many buyers and exporters are waiting for potential trade policy changes from the new U.S. administration before making more sales.