# Wheat Markets Diverge, it's all about Quality

> Wheat markets diverged in November 2016 on quality differences. March SRW and March KC HRW futures fell 31 and 22.25 cents respectively and hit fresh lows, while March Minneapolis spring wheat rose modestly for a third straight monthly gain. The HRS/HRW spread reached $1.24 1/4 per bushel, its highest since March 2012.

- Date: 2016-11-30 · published 2016-11-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10688-wheat-markets-diverge-it-s-all-about-quality
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Weak global wheat fundamentals are pressuring winter wheat, while higher-protein spring wheat holds up on quality demand. Feed buyers may find lower-protein wheat cheaper relative to premium milling wheat.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/canada-markets/blog-post/2016/11/30/wheat-markets-diverge-quality

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