US Plains HRW Wheat-Basis bids flat as rains slow harvest in some areas

Reuters

Jun 10

US Plains HRW Wheat-Basis bids flat as rains slow harvest in some areas

CHICAGO, June 9 (Reuters) - Spot basis bids for hard red winter wheat were steady in the southern U.S. Plains on Monday as dealers saw new crop sales and farmers harvesting in some areas, but rains delayed the harvest in others, according to dealers.

Forecasts for continued rainfall could potentially threaten the crop's quality, according to brokers.
The U.S. Department of Agriculture is scheduled to issue an update on harvest progress in a weekly report on Monday. The nation's winter wheat harvest was 3% complete as of June 1.
Chicago Board of Trade July K.C. HRW wheat KWN25 futures finished 12 cents lower at $5.42-3/4 per bushel at 11:42 a.m CST (1642 GMT).
Basis values are quoted against futures in cts/bu:

	Current			Previous			Cash
	basis			basis			price
KANSAS
Wichita	-25	+	N	-25	+	N	$5.18
Newton	-50	+	N	-50	+	N	$4.93
Goodland	-82	+	N	-82	+	N	$4.61

TEXAS
Gulf track*	+105	+	N	+105	+	N	$6.48
Galveston**	+100	+	N	+100	+	N	$6.43

OKLAHOMA
Enid	-25	+	N	-25	+	N	$5.18
Catoosa	+10	+	N	+10	+	N	$5.53

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. CIF Gulf Grain GRA/C

* U.S. FOB Gulf Grain GRA/F

(Reporting by Renee Hickman; editing by Barbara Lewis)

((renee.hickman@thomsonreuters.com))

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2542933135"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2542933135\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2542933135?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-10 01:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2542933135","market":"us","top_or_hot":-1,"title":"US Plains HRW Wheat-Basis bids flat as rains slow harvest in some areas","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>US Plains HRW Wheat-Basis bids flat as rains slow harvest in some areas</title></head><body><p><span>CHICAGO, June 9 (Reuters)</span><span> - </span>Spot basis bids for hard red winter wheat were steady in the southern U.S. Plains on Monday as dealers saw new crop sales and farmers harvesting in some areas, but rains delayed the harvest in others, according to dealers. </p><ul><li><p>Forecasts for continued rainfall could potentially threaten the crop's quality, according to brokers. </p></li><li><p>The U.S. Department of Agriculture is scheduled to issue an update on harvest progress in a weekly report on Monday. The nation's winter wheat harvest was 3% complete as of June 1.</p></li><li><p>Chicago Board of Trade July K.C. HRW wheat <span>KWN25</span> futures finished 12 cents lower at $5.42-3/4 per bushel at 11:42 a.m CST (1642 GMT).</p></li><li><p>Basis values are quoted against futures in cts/bu:    </p></li></ul><table><tbody><tr><td></td><td><p>Current</p></td><td></td><td></td><td><p>Previous</p></td><td></td><td></td><td><p>Cash</p></td></tr><tr><td></td><td><p>basis</p></td><td></td><td></td><td><p>basis</p></td><td></td><td></td><td><p>price</p></td></tr><tr><td><p>KANSAS</p></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><p>Wichita</p></td><td><p>-25</p></td><td><p>+</p></td><td><p>N</p></td><td><p>-25</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$5.18</p></td></tr><tr><td><p>Newton</p></td><td><p>-50</p></td><td><p>+</p></td><td><p>N</p></td><td><p>-50</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$4.93</p></td></tr><tr><td><p>Goodland</p></td><td><p>-82</p></td><td><p>+</p></td><td><p>N</p></td><td><p>-82</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$4.61</p></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><p>TEXAS</p></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><p>Gulf track*</p></td><td><p>+105</p></td><td><p>+</p></td><td><p>N</p></td><td><p>+105</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$6.48</p></td></tr><tr><td><p>Galveston**</p></td><td><p>+100</p></td><td><p>+</p></td><td><p>N</p></td><td><p>+100</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$6.43</p></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><p>OKLAHOMA</p></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><p>Enid</p></td><td><p>-25</p></td><td><p>+</p></td><td><p>N</p></td><td><p>-25</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$5.18</p></td></tr><tr><td><p>Catoosa</p></td><td><p>+10</p></td><td><p>+</p></td><td><p>N</p></td><td><p>+10</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$5.53</p></td></tr></tbody></table><p>NOTES:</p><p>H = March, K = May, N = July, U = September</p><p>Z = December; UNQ = Unquoted bids</p><p>0 = Sp Option price; NC = No comparison</p><p>* = No. 1 12% hard winter wheat, rail bids</p><p>** = Ordinary protein, rail bids</p><p>LINKS:      </p><p>* K.C. 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The nation's winter wheat harvest was 3% complete as of June 1.</p></li><li><p>Chicago Board of Trade July K.C. HRW wheat <span>KWN25</span> futures finished 12 cents lower at $5.42-3/4 per bushel at 11:42 a.m CST (1642 GMT).</p></li><li><p>Basis values are quoted against futures in cts/bu:    </p></li></ul><table><tbody><tr><td></td><td><p>Current</p></td><td></td><td></td><td><p>Previous</p></td><td></td><td></td><td><p>Cash</p></td></tr><tr><td></td><td><p>basis</p></td><td></td><td></td><td><p>basis</p></td><td></td><td></td><td><p>price</p></td></tr><tr><td><p>KANSAS</p></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><p>Wichita</p></td><td><p>-25</p></td><td><p>+</p></td><td><p>N</p></td><td><p>-25</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$5.18</p></td></tr><tr><td><p>Newton</p></td><td><p>-50</p></td><td><p>+</p></td><td><p>N</p></td><td><p>-50</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$4.93</p></td></tr><tr><td><p>Goodland</p></td><td><p>-82</p></td><td><p>+</p></td><td><p>N</p></td><td><p>-82</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$4.61</p></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><p>TEXAS</p></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><p>Gulf track*</p></td><td><p>+105</p></td><td><p>+</p></td><td><p>N</p></td><td><p>+105</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$6.48</p></td></tr><tr><td><p>Galveston**</p></td><td><p>+100</p></td><td><p>+</p></td><td><p>N</p></td><td><p>+100</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$6.43</p></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><p>OKLAHOMA</p></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><p>Enid</p></td><td><p>-25</p></td><td><p>+</p></td><td><p>N</p></td><td><p>-25</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$5.18</p></td></tr><tr><td><p>Catoosa</p></td><td><p>+10</p></td><td><p>+</p></td><td><p>N</p></td><td><p>+10</p></td><td><p>+</p></td><td><p>N</p></td><td><p>$5.53</p></td></tr></tbody></table><p>NOTES:</p><p>H = March, K = May, N = July, U = September</p><p>Z = December; UNQ = Unquoted bids</p><p>0 = Sp Option price; NC = No comparison</p><p>* = No. 1 12% hard winter wheat, rail bids</p><p>** = Ordinary protein, rail bids</p><p>LINKS:      </p><p>* K.C. HRW wheat protein scales <span>KCBT/SCA</span></p><p>* U.S. weekly wheat crop progress <span>US/WHE</span></p><p>* U.S. forward basis <span>WHEAT/BASIS</span></p><p>* U.S. <a href=\"https://laohu8.com/S/MDWT\">Midwest</a> cash grain PM <span>GRA/PM</span></p><p>* U.S. CIF Gulf Grain <span>GRA/C</span></p><p>* U.S. FOB Gulf Grain <span>GRA/F</span></p><p> (Reporting by Renee Hickman; editing by Barbara Lewis)</p><p> ((renee.hickman@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NBRNF","symbol_name":"NBrown Group Plc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250609:nL1N3SC0MS:1","article_id":"2542933135","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542933135","pubTimestamp":1749488936,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"US Plains HRW Wheat-Basis bids flat as rains slow harvest in some areasCHICAGO, June 9 (Reuters) - Spot basis bids for hard red winter wheat were steady in the southern U.S. Plains on Monday as dealer","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NBRNF":"NBrown Group Plc.","BK4094":"服装零售","BK4122":"互联网与直销零售"},"translate_title":"由于降雨减缓了一些地区的收成，美国平原HRW小麦基价持平","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NBRNF":0.9},"content_text":"US Plains HRW Wheat-Basis bids flat as rains slow harvest in some areasCHICAGO, June 9 (Reuters) - Spot basis bids for hard red winter wheat were steady in the southern U.S. Plains on Monday as dealers saw new crop sales and farmers harvesting in some areas, but rains delayed the harvest in others, according to dealers. Forecasts for continued rainfall could potentially threaten the crop's quality, according to brokers. The U.S. Department of Agriculture is scheduled to issue an update on harvest progress in a weekly report on Monday. The nation's winter wheat harvest was 3% complete as of June 1.Chicago Board of Trade July K.C. HRW wheat KWN25 futures finished 12 cents lower at $5.42-3/4 per bushel at 11:42 a.m CST (1642 GMT).Basis values are quoted against futures in cts/bu:    CurrentPreviousCashbasisbasispriceKANSASWichita-25+N-25+N$5.18Newton-50+N-50+N$4.93Goodland-82+N-82+N$4.61TEXASGulf track*+105+N+105+N$6.48Galveston**+100+N+100+N$6.43OKLAHOMAEnid-25+N-25+N$5.18Catoosa+10+N+10+N$5.53NOTES:H = March, K = May, N = July, U = SeptemberZ = December; UNQ = Unquoted bids0 = Sp Option price; NC = No comparison* = No. 1 12% hard winter wheat, rail bids** = Ordinary protein, rail bidsLINKS:      * 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. CIF Gulf Grain GRA/C* U.S. FOB Gulf Grain GRA/F (Reporting by Renee Hickman; editing by Barbara Lewis) ((renee.hickman@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}