US Plains HRW Wheat-Basis bids flat in slow trade

CHICAGO, Nov 26 (Reuters) - Basis bids for hard red winter wheat were steady in the U.S. Plains on Wednesday as trade slowed ahead of Thursday's Thanksgiving holiday, dealers said.

• Markets will be closed on Thursday.

• A sharp fall in exports from Ukraine due to a rain-delayed harvest and Russian strikes on railway infrastructure supported futures as uncertainty continued about the prospects for a peace deal between the two countries.

• K.C. March hard red winter wheat KWH25 futures were last 3-1/4 cents higher to $5.31 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. FOB Gulf Grain GRA/F