Canadian Red Spring Wheat basis hits record low on poor demand, planting delays
May 23, 2022 Comments Off
The Canadian Western Red Spring Wheat 13.5% FOB Vancouver basis assessment fell to record lows on May 20, with FOB prices moving in lockstep as Canadian commercials looked to fill out capacity during a time of reduced export demand, sources said. The CWRS Wheat assessment during the week of May 16-20 for the 30-45 day-forward period fell 22 cents to…
Canadian Red Spring Wheat basis hits record low on poor demand, planting delays
The Canadian Western Red Spring Wheat 13.5% FOB Vancouver basis assessment fell to record lows on May 20, with FOB prices moving in lockstep as Canadian commercials looked to fill out capacity during a time of reduced export demand, sources said. The CWRS Wheat assessment during the week of May 16-20 for the 30-45 day-forward period fell 22 cents to…
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