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Print Print edition: 2011-11-13

HRW wheat bids steady

Published Updated

Hard red winter wheat basis bids were steady on Friday as spot mill demand ebbed slightly against application of contracted supplies. Higher protein supplies remained in good demand as a substitution for higher-priced spring wheat. Protein premiums for railcar wheat to and through Kansas City dropped 3 cents a bushel for 13.00 percent protein wheat and for 13.20- and 13.40-pro wheat.
Kansas City Board of Trade hard red winter wheat futures closed 16 cents lower on Thursday at $6.97.

Copyright Reuters, 2011

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