US hard red winter wheat cash bids in the southern Plains were steady on Monday in quiet country dealings. The market was on edge because foreign buyers were evaluating news that experimental genetically modified wheat, long thought dead, was found growing in Oregon and could have contaminated conventional wheat supplies.
Monsanto is providing assistance to European authorities on how to test for the unapproved wheat but it will take two weeks before imports can be tested, a European Commission health spokesman said. Protein premiums for rail car wheat to and through Kansas City were a penny a bushel higher for 13.00 through 14.00 percent protein wheat but unchanged otherwise.
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