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 24, 2025
CBOT March SRW closed at
$5.44/bu
Up 5 cents
KCBT March HRW closed at
$5.60/bu
Up 11 cents
MGE March HRS traded at
$5.95/bu
Up 11 cents
Basis levels ended the week unchanged to slightly weaker, following a rally in futures prices. Market activity is slow with low buying interest as participants await trade policy changes. Farmer selling rose slightly with the rally but remains weak overall.