# Basis bids flat as dealers eye weather

> Spot hard red winter wheat basis bids were steady in the U.S. Plains amid slow trade and light farmer selling. About 14% of the U.S. winter wheat crop is in drought, and Black Sea ceasefire news and rain forecasts pushed futures lower.

- Date: 2025-03-27 · published 2025-03-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/25628-basis-bids-flat-as-dealers-eye-weather
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Stable basis and slow selling suggest little change in local HRW supply pressure, while futures remain soft on rain and Black Sea news.

## Read by commodity

- KWHEAT: neutral

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L2N3QA0XY:0-basis-bids-flat-as-dealers-eye-weather/

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