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US Plains HRW wheat bids weaker

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Hard red winter wheat spot basis bids in the US Plains were steady to weaker on Wednesday, merchants…
Hard red winter wheat spot basis bids in the US Plains were steady to weaker on Wednesday, merchants said. A Kansas dealer dropped the basis 8 cents a bushel, but other locations were holding bids steady. Protein premiums for railcar wheat to and through Kansas City jumped 10 cents a bushel for wheat supplies with 13.80 percent protein and 14.00 percent protein, and rose 5 cents a bushel for 13.20- through 13.60 percent protein wheat. Kansas City September wheat futures were at $6.22 early Wednesday.

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