US Plains HRW Wheat-Basis Bids Flat as Farmer Selling Increases
WEAT•Notes and references
H = March, K = May, N = July, U = September
Z = December; UNQ = Unquoted bids
0 = Spot Option price; NC = No comparison
- = No. 1 12% hard winter wheat, rail bids
** = Ordinary protein, rail bids
Links:
- K.C. HRW wheat protein scales KCBT/SCA
- U.S. weekly wheat crop progress US/WHE
- U.S. forward basis WHEAT/BASIS
- U.S. Midwest cash grain PM GRA/PM
- U.S. CIF Gulf Grain GRA/C
- U.S. FOB Gulf Grain GRA/F
Hard red winter wheat basis values in the Plains
Basis values are quoted against futures in cts/bu:
| Current | Previous | Cash | |||||
|---|---|---|---|---|---|---|---|
| basis | basis | price | |||||
| KANSAS | |||||||
| Wichita | -34 | + | U | -34 | + | U | $7.32 |
| Newton | -59 | + | U | -59 |
