US Plains HRW Wheat-Basis bids mostly unchanged in light trade

CHICAGO, Jan 6 (Reuters) - Basis bids for hard red winter wheat were steady to higher on Monday following a winter storm that brought snow and ice across the central Plains.

* The wheat basis improved at a wheat co-operative in Goodland, Texas, though bids remained flat elsewhere.

* Protein premiums for HRW wheat shipped by rail to or through Kansas City were unchanged. KCBT/SCA

* The Chicago Board of Trade K.C. March wheat contract KWH25 settled up 14-1/4 cents at $5.53-1/4 per bushel.

* CBOT wheat futures gained support from a technical correction and a dip in the U.S. dollar.

* The U.S. Department of Agriculture is scheduled to report on Friday the number of U.S. winter wheat acres that were planted last autumn for harvest in 2025.

Basis values are quoted against futures in cts/bu:

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 Heather Schlitz; Editing by Rod Nickel)

((Heather.Schlitz@thomsonreuters.com;))