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CORRECTED-US Plains HRW Wheat-Basis bids steady in a day of slow trade

ReutersSep 24, 2025 10:01 PM

- Basis bids for hard red winter wheat were flat in the U.S. Plains on Wednesday, with rains slowing the trade, according to dealers.

  • More rain is expected in the southern Plains in the coming weeks, according to forecaster Vaisala.

  • Farmers are planting the U.S. winter wheat crop that will be harvested next year.

  • K.C. December hard red winter wheat KWZ25 ended 4-3/4 cents lower at $5.06-3/4 a bushel.

Basis values are quoted against futures in cts/bu:

Current

Previous

Cash

basis

basis

price

KANSAS

Wichita

-60

+

Z

-60

+

U

$4.47

Newton

-85

+

Z

-85

+

U

$4.22

Goodland

UNQ

+

UNQ

+

UNQ

TEXAS

Gulf track*

85

+

Z

85

+

U

$5.92

Galveston

100

+

Z

100

+

U

$6.07

OKLAHOMA

Enid

-30

+

Z

-30

+

U

$4.77

Catoosa

-30

+

Z

-30

+

U

$4.77

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. FOB Gulf Grain GRA/F

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