---
title: "US Plains HRW Wheat-Basis bids flat as farmers sell"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278770557.md"
datetime: "2026-03-11T19:48:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278770557.md)
  - [en](https://longbridge.com/en/news/278770557.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278770557.md)
---

# US Plains HRW Wheat-Basis bids flat as farmers sell

CHICAGO, March 11 (Reuters) - Basis bids for hard red winter were unchanged in the U.S. Plains on Wednesday, with dealers noting an influx of farmers forward contracting wheat.

-   Producers have taken advantage of a recent price rally to sell their crop.
-   Wheat has gained support from the escalating U.S.-Israeli war on Iran.
-   Wheat is often sensitive to geopolitical risks, and the upheaval in the Middle East has shifted attention away from ample global supplies of the grain.
-   Wheat futures have also benefited from an influx of managed money into commodity investments.
-   Dryness has expanded for the winter wheat crop in the U.S. Plains, an analyst note said.
-   K.C. May hard red winter wheat futures (KWK26) settled 4-3⁄4 cents to $6.13-1⁄2 per bushel.

Basis values are quoted against futures in cts/bu:

Curren Prev Cash

t ious

basis basi price

s

### KANSAS

Wichita -58 + K -58 + K $5.56

Newton -83 + K -83 + K $5.31

Goodland -90 + K -90 + K $5.24

### TEXAS

Gulf 115 + K 115 + K $7.29

track\*

Galvesto 100 + K 100 + K $7.14

n

### OKLAHOMA

Enid -30 + K -30 + K $5.84

Catoosa 10 + K 10 + K $6.24

### 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)

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## Related News & Research

- [EU wheat slips as US weather rally pauses](https://longbridge.com/en/news/282876570.md)
- [US Plains HRW Wheat-Spot basis bids flat in quiet trade](https://longbridge.com/en/news/282892180.md)
- [US Plains HRW Wheat-Spot basis bids flat as crop conditions worsen](https://longbridge.com/en/news/282593955.md)
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