AIRLINK 75.50 Increased By ▲ 0.25 (0.33%)
BOP 5.13 Increased By ▲ 0.02 (0.39%)
CNERGY 4.53 Decreased By ▼ -0.07 (-1.52%)
DFML 34.56 Increased By ▲ 2.03 (6.24%)
DGKC 90.50 Increased By ▲ 0.15 (0.17%)
FCCL 22.84 Decreased By ▼ -0.14 (-0.61%)
FFBL 33.15 Decreased By ▼ -0.42 (-1.25%)
FFL 9.93 Decreased By ▼ -0.11 (-1.1%)
GGL 11.13 Increased By ▲ 0.08 (0.72%)
HBL 115.44 Increased By ▲ 0.54 (0.47%)
HUBC 136.50 Decreased By ▼ -0.84 (-0.61%)
HUMNL 10.13 Increased By ▲ 0.60 (6.3%)
KEL 4.68 Increased By ▲ 0.02 (0.43%)
KOSM 4.74 Increased By ▲ 0.04 (0.85%)
MLCF 40.30 Decreased By ▼ -0.24 (-0.59%)
OGDC 140.80 Increased By ▲ 1.05 (0.75%)
PAEL 27.65 No Change ▼ 0.00 (0%)
PIAA 25.11 Increased By ▲ 0.71 (2.91%)
PIBTL 6.86 Decreased By ▼ -0.06 (-0.87%)
PPL 124.40 Decreased By ▼ -0.90 (-0.72%)
PRL 27.37 Decreased By ▼ -0.18 (-0.65%)
PTC 14.14 Decreased By ▼ -0.01 (-0.07%)
SEARL 61.60 Decreased By ▼ -0.25 (-0.4%)
SNGP 72.50 Decreased By ▼ -0.48 (-0.66%)
SSGC 10.50 Decreased By ▼ -0.09 (-0.85%)
TELE 8.75 Decreased By ▼ -0.03 (-0.34%)
TPLP 11.52 Decreased By ▼ -0.21 (-1.79%)
TRG 66.50 Decreased By ▼ -0.10 (-0.15%)
UNITY 25.88 Increased By ▲ 0.73 (2.9%)
WTL 1.41 Decreased By ▼ -0.03 (-2.08%)
BR100 7,852 Increased By 49.4 (0.63%)
BR30 25,802 Decreased By -13.6 (-0.05%)
KSE100 74,884 Increased By 352.4 (0.47%)
KSE30 24,129 Increased By 174.6 (0.73%)

Spot basis bids for hard red winter wheat were steady to firm at grain terminals across the southern US Plains on Wednesday morning, underpinned by slow country movement, grain dealers said. Farmers remained uninterested in booking sales as weakness in futures eroded cash prices. Growers were content to keep their crops locked in storage bins and hope prices rebound in the coming months, dealers said.
Dealers finished rolling their basis bids to the K.C. March hard red winter wheat contract from the December contract. The December contract expires on December 14. Protein premiums for wheat delivered by rail to and through Kansas City rose by 4 cents per bushel for wheat with protein content ranging from 13 to 13.8 percent. Premiums for other grades held steady.
K.C. hard red winter wheat futures for December delivery were down 3-1/2 cents at $4.48 a bushel at 10:11 am CST (1611 GMT). K.C. March hard red winter wheat was 3-1/2 cents lower at $4.65-3/4 a bushel. The front-month hard red winter wheat contract hit its lowest since September 4.

Copyright Reuters, 2015

Comments

Comments are closed.