US Plains HRW Wheat-Spot basis bids flat with trade quiet

CHICAGO, Nov 13 (Reuters) - Basis bids for hard red winter wheat were unchanged in the U.S. Plains on Thursday.

• Chicago Board of Trade wheat futures closed fractionally lower on Thursday, pressured by ample global supplies including a record-large Argentine harvest, while strength in corn and soybean futures underpinned the market.

• Ahead of the U.S. Department of Agriculture's first supply and demand report since mid-September, analysts surveyed by Reuters on average expect the government to raise its forecasts of 2025/26 U.S. and global wheat ending stocks.

• K.C. December hard red winter wheat KWZ25 ended up 1/4 cent at $5.25-3/4 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