Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   

Agricultural News


How to Understand and Utilize the U.S. Wheat Associates Price Report

Mon, 15 Mar 2021 08:50:17 CDT

How to Understand and Utilize the U.S. Wheat Associates Price Report Navigating U.S. export markets and making purchasing decisions is a complicated, risk-involved process, especially when wheat customers have so many options for sourcing their supplies. As representatives of the U.S. wheat industry, U.S. Wheat Associates (USW) wants to ensure our customers have access to unbiased price information well into the future as a guide to help them make timely buying decisions.

Every Friday afternoon, USW publishes a weekly Price Report that gives the world’s buyers an independently derived baseline of export prices for U.S. wheat by class, protein level, export region and delivery month. The report features export basis and export price estimates information seven months into the future, making it the only public source of U.S. wheat export prices available to buyers that features estimates so far ahead. To build the Price Report, USW surveys several grain trading companies­­—which each have slightly different export basis values—and takes an average of these values, by category, to calculate the final export price. This allows customers to see industry-wide movements in basis and price week-over-week.

The Price Report also includes current and forward futures prices by exchange, grain freight rates for the most commonly-traded vessel sizes and routes, select exchange rates, historic protein premium and basis charts and market highlights.

In the video below, USW Market Analyst Claire Hutchins shares a detailed review of the USW Price Report, how it is assembled and how to understand and utilize the data.



An open, transparent pricing system is essential to a functioning global market and USW wants its customers to have as much information and tools available to them when making wheat purchasing decisions. Buyers should contact their suppliers to obtain prices based on their specific requirements and contract terms.

View the latest USW Price Report here and subscribe here to receive the USW Price Report via email every Friday.


   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Thursday, April 22, 2021 Market Wrap-Up with Justin Lewis  Thu, 22 Apr 2021 13:56:39 CDT
  • In Case You Missed It: Here's What They're Saying About the Growing Climate Solutions Act  Thu, 22 Apr 2021 12:13:11 CDT
  • NACD Announces Climate Action Task Force  Thu, 22 Apr 2021 10:06:34 CDT
  • NAWG Launches Special Climate and Sustainability Committee on Earth Day  Thu, 22 Apr 2021 09:58:52 CDT
  • On Earth Day, USDA Invests $487 Million in Rural Water, Energy, and Biofuel Infrastructure $3.8 Million Coming to Oklahoma  Thu, 22 Apr 2021 09:56:50 CDT
  • Regenerative Agriculture, Carbon Sequestration in Soils and 30x30 Will All Depend on Advancing Conservation on Rented Land  Thu, 22 Apr 2021 09:49:12 CDT
  • Chairwoman Stabenow Opening Statement at Growing Climate Solutions Business Meeting  Thu, 22 Apr 2021 09:02:04 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2021 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.