US Plains HRW Wheat-Basis bids hold steady while futures strengthen

Spot basis bids for hard red winter wheat were steady in the U.S. Plains on Friday in quiet trade while wheat futures strengthened, aided by a pause in the dollar’s surge. Wheat prices remain near a 2-1/2-month low against a backdrop of improving crop conditions and stiff export competition. Rains have slashed dryness in the … Continue reading US Plains HRW Wheat-Basis bids hold steady while futures strengthen