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News 2026-10-14 20:05 UTC

US Plains HRW Wheat — Basis bids flat as farmers focus on planting

CHICAGO, Oct 14 (Reuters) — Spot basis bids for hard red winter wheat held steady in the southern US Plains on Wednesday, spot checks showed, while farmers sought to catch up on plantings of the 2027 crop. US farmers planted 51% of the winter wheat crop as of Sunday, below the five-year average of 58%, the US Departmen

News 2026-09-28 23:01 UTC

Basis flat in slow trade; farmers await rains

Spot basis bids for hard red winter wheat held steady in the southern US Plains on Monday and farmer grain offerings were minimal as K.C. wheat futures fell to six-week lows and producers focused on autumn field work, merchandisers said.Basis values are quoted against futures in cts/bu:NOTES:H = Ma…

News 2026-09-21 23:34 UTC

Wheat spot basis bids steady in southern US Plains

Spot basis bids for hard red winter wheat held steady in the southern US Plains on Monday; cash trade was subdued as producers harvested fall crops and seeded the 2027 winter wheat crop.