US Plains HRW Wheat-Basis flat, KC wheat futures hit contract lows
CHICAGO, Aug 15 (Reuters) -Spot basis bids for hard red winter wheat remained flat in the U.S. Plains on Thursday as deferred K.C. wheat futures stumbled to contract lows.
* Protein premiums for wheat shipped by rail to and through Kansas City fell by 5 cents per bushel for wheat with 12% to 12.8% protein and by 15 cents per bushel for wheat with 13% to 13.4% protein.
* U.S. export sales of hard red winter wheat for 2024-25 were 32,974 metric tons in the week ended on Aug. 8, the U.S. Department of Agriculture said. That was down from 78,262 metric tons a week earlier.
* Total U.S. wheat export sales were 339,900 metric tons in the week ended on Aug. 8, within analysts' estimates for 200,000 to 500,000 metric tons.
* K.C. September hard red winter wheat futures KWU24 closed down 9-1/4 cents at $5.37 per bushel and matched a contract low at $5.35-1/2 per bushel. Other futures months, including December KWZ24, set contract lows.
Basis values are quoted against futures in cts/bu:
Current | Previous | Cash | |||||
basis | basis | price | |||||
KANSAS | |||||||
Wichita | -3 | + | U | -3 | + | U | $5.34 |
Newton | -32 | + | U | -32 | + | U | $5.05 |
Goodland | -60 | + | U | -60 | + | U | $4.77 |
TEXAS | |||||||
Gulf track* | +115 | + | U | +115 | + | U | $6.52 |
Galveston** | +100 | + | U | +100 | + | U | $6.37 |
OKLAHOMA | |||||||
Enid | -15 | + | U | -15 | + | U | $5.22 |
Catoosa | +0 | + | U | +0 | + | U | $5.37 |
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 Tom Polansek; Editing by Pooja Desai
免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。