# Basis flat as farmers monitor crop conditions — TradingView News

> Spot HRW wheat basis was flat in the US Plains as farmers held back sales amid persistent low prices. China imposed an extra 34% levy on all US goods, and dry conditions persist across the southern Plains.

- Date: 2025-04-04 · published 2025-04-04T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/25163-basis-flat-as-farmers-monitor-crop-conditions-tradingview-news
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Retaliatory tariffs threaten US farm export sales, while Plains drought adds some support to HRW; farmers' reluctance to sell tightens nearby supply.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2023-12-15 | [Strong export demand boosts wheat, corn performance - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/9994-strong-export-demand-boosts-wheat-corn-performance-agweek-1-source-for.md) | 0.0% | -4.0% |
| KWHEAT | 2019-02-13 | [Russian dominance over world wheat markets slows - Farmers Weekly](https://feedsoft.ai/events/60537-russian-dominance-over-world-wheat-markets-slows-farmers-weekly.md) | -8.5% | -12.7% |
| KWHEAT | 2026-10-16 | [Oklahoma Producers Face Mixed Market Signals Following Heavy Rains and Bearish USDA Projections - Oklahoma Farm Report](https://feedsoft.ai/events/479-oklahoma-producers-face-mixed-market-signals-following-heavy-rains-and-bearish.md) | -5.4% | — |
| KWHEAT | 2019-03-14 | [Grains Mixed, Trade Attempts to Sort Through China Rumors](https://feedsoft.ai/events/6537-grains-mixed-trade-attempts-to-sort-through-china-rumors.md) | +3.3% | -0.8% |
| KWHEAT | 2023-04-27 | [Wheat Industry News](https://feedsoft.ai/events/36447-wheat-industry-news.md) | +4.3% | +2.4% |
| WHEAT | 2022-06-06 | [Record-breaking exports, big crops put Australian farmers on track for bumper season - ABC News](https://feedsoft.ai/events/40890-record-breaking-exports-big-crops-put-australian-farmers-on-track-for-bumper.md) | +0.1% | -0.9% |
| WHEAT | 2018-10-26 | [Trade retaliations against the U.S. hit Canada farmers, too](https://feedsoft.ai/events/62522-trade-retaliations-against-the-u-s-hit-canada-farmers-too.md) | +0.8% | -3.7% |
| WHEAT | 2018-10-26 | [U.S.-Canada trade war means more market share, but smaller profits for Canadian farmers  \| Globalnews.ca](https://feedsoft.ai/events/62527-u-s-canada-trade-war-means-more-market-share-but-smaller-profits-for-canadian.md) | +0.8% | -3.7% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L2N3QI19Q:0-basis-flat-as-farmers-monitor-crop-conditions/

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