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US Plains HRW Wheat-Basis bids unchanged in quiet trade

ReutersNov 21, 2025 6:00 PM

- Basis bids for hard red winter wheat were unchanged in the U.S. Plains on Friday in quiet trade, dealers said.

  • Producers have nearly finished seeding the 2026 winter wheat crop.

  • Rains forecast for the weekend in the U.S. Plains are expected to improve the crop, an analyst note said.

  • K.C. March hard red winter wheat KWH25 futures were last up 2-3/4 cents at $5.26-1/2 per bushel.

Basis values are quoted against futures in cts/bu:

Current

Previous

Cash

basis

basis

price

KANSAS

Wichita

-50

+

Z

-50

+

Z

$4.78

Newton

-75

+

Z

-75

+

Z

$4.53

Goodland

-88

+

Z

-88

+

Z

$4.40

TEXAS

Gulf track*

125

+

Z

125

+

Z

$6.53

Galveston

110

+

Z

110

+

Z

$6.38

OKLAHOMA

Enid

-30

+

Z

-30

+

Z

$4.98

Catoosa

-10

+

Z

-10

+

Z

$5.18

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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