Decision to discontinue wheat 10% FOB US Pacific Northwest SW Premium

After a consultation period from July 1 to July 31, Fastmarkets made the decision to discontinue these assessments because the premium no longer reflects market conditions, because the market typically trades on an outright price basis instead of as a premium to Chicago Mercantile Exchange futures.

For that reason, Fastmarkets will discontinue the AG-WHE-0025 Wheat 10% FOB US Pacific Northwest SW Premium c$/bu assessment while keeping its AG-WHE-0027 Wheat 10% FOB US Pacific Northwest SW $/mt assessment.

All short-term forecasts associated with the discontinued price produced by the Fastmarkets research team, if any, have also been discontinued.

If you have any comments on the discontinuation of the wheat 10% FOB US Pacific Northwest SW Premium please contact Mark Shenk by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Mark Shenk, re: Wheat 10% FOB US Pacific Northwest SW Premium c$/bu.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.