Basis levels varied across export regions and classes. The basis for HRS declined in the PNW but increased in the Gulf. Strong competition from the domestic market and rail markets to Mexico have supported HRS basis, although pressure from export competition continues. Protein spreads are anticipated to remain firm into 2025. Gulf HRW basis weakened, to stay competitive with European origins. Meanwhile, PNW HRW basis increased, although FOB cash prices experienced minimal changes week over week. Both SRW basis and SW prices remained steady.