# Basis bids mostly steady as futures hold near 3-1/2 week high — TradingView News

> Spot basis bids for hard red winter wheat were mostly unchanged across the southern Plains on Thursday as futures held near a 3-1/2 week high. Farmer selling remained slow, while USDA data showed strong weekly HRW export sales.

- Date: 2025-05-22 · published 2025-05-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/24746-basis-bids-mostly-steady-as-futures-hold-near-3-1-2-week-high-tradingview-news
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Firm export demand and tight farmer selling support nearby HRW cash prices. Basis is steady, so there is no new directional shift for buyers.

## Read by commodity

- KWHEAT: bullish ▲

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3RU0SX:0-basis-bids-mostly-steady-as-futures-hold-near-3-1-2-week-high/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.