US Plains HRW Wheat-Basis bids flat as futures fall

CHICAGO, Jan 16 (Reuters) - Basis bids for hard red winter wheat were unchanged in a spot check of locations in the U.S. Plains on Thursday as futures dipped down.

* Protein premiums for HRW wheat shipped by rail to or through Kansas City were down 1 cent for 11.2% protein wheat and down 4 cents for 11.4% protein wheat. They were up 1 cent for wheat with protein grades of 12% to 12.8%. All other protein grades were unchanged. KCBT/SCA

* The Chicago Board of Trade K.C. March wheat contract KWH25 ended down 9-1/4 cents at $5.48-1/4 per bushel.

Basis values are quoted against futures in cts/bu:

NOTES:

H = March, K = May, N = July, U = September

Z = December; UNQ = Unquoted bids

0 = Sp 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

(Reporting by Renee Hickman; editing by Diane Craft)

((renee.hickman@thomsonreuters.com))