CHICAGO: Spot cash basis bids for hard red winter (HRW) wheat were unchanged in the southern US Plains on Tuesday, traders said.

Protein premiums for railcar wheat to and through Kansas City were unchanged on Monday.

Rains crossing Oklahoma and eastern Texas bring beneficial moisture to the southern US Plains winter wheat belt.

Saudi Arabia has 1.8 million tonnes of wheat reserves, up from 1.6 million this time last year and enough to last more than six months, the director general of the kingdom’s main wheat-buying agency said.—Reuters