US Plains HRW Wheat-Basis bids flat to higher

CHICAGO, Sept 25 (Reuters) - Basis bids for hard red winter wheat were steady to higher in the U.S. Plains on Thursday as futures rose.

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

• Drier weather in the central Plains next week is expected to allow planting to progress, according to forecaster Vaisala.

• K.C. December hard red winter wheat KWZ25 ended 5-1/2 cents higher at $5.12-1/4 a 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. FOB Gulf Grain GRA/F