US Plains HRW Wheat-Basis bids flat to higher as futures tick down

ReutersFeb 13, 2026 9:33 PM

CHICAGO, Feb 13 (Reuters) - Basis bids for hard red winter wheat were steady to up in the U.S. Plains on Friday as futures prices fell back from a rally on Thursday.

Sales were minimal this week, as growers had already sold most of their old-crop wheat, according to dealers.
Weather in the wheat belt has been warmer than usual and rains are expected in the southern Plains over the weekend.
75% of Southern Plains wheat and 40% of Midwest wheat is expected to move out of dormancy by late February, according to forecaster Commodity Weather Group.
K.C. March HRW wheat futures KWH26 settled down 11-1/2 at $5.42-1/2 a bushel.

Basis values are quoted against futures in cts/bu:

	Current			Previous			Cash
	basis			basis			price
KANSAS
Wichita	-57	+	H	-57	+	H	$4.86
Newton	-82	+	H	-82	+	H	$4.61
Goodland	-90	+	H	-90	+	H	$4.53

TEXAS
Gulf track*	+125	+	H	+125	+	H	$6.68
Galveston	+110	+	H	+100	+	H	$6.53

OKLAHOMA
Enid	-40	+	H	-40	+	H	$5.03
Catoosa	+15	+	H	+10	+	H	$5.58

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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