U.S. Plains HRW Wheat-Bids flat as futures tumble
Dec 12 (Reuters) - Cash basis bids for hard red winter wheat
were steady in the southern U.S. Plains on Thursday, but protein
* Farmer selling was at a standstill as front-month K.C.
hard red winter wheat futures fell to a near 18-month low
on continuous price charts and other months fell to
life-of-contract lows on weak export demand amid rising global
* Protein premiums for rail car wheat to and through Kansas
City rose 5 to 15 cents a bushel for 11.80 through 14.00 percent
protein wheat on Wednesday, and premiums rose another 5 to 10
cents for 12.80 through 13.40 percent protein on Thursday.
* The USDA reported export sales of U.S. wheat in the latest
week at 372,200 tonnes for 2013/14, within a range of trade
expectations for 300,000 to 500,000. The total included 163,000
tonnes of hard red winter wheat.
* At the Chicago Board of Trade, the K.C. hard red winter
wheat March contract settled down 6-1/2 cents on Thursday
at $6.78-1/4 a bushel.