# After a speculative jump in wheat prices continue to decline

> Wheat prices rose on Friday and Wednesday on rumours of a US-China trade deal before new tariffs, but fell over the week as weak demand weighed on the market. Paris March futures dropped to 184 €/t while Chicago HRW and SRW futures also eased, and Russian wheat gained competitiveness after an Egyptian tender win.

- Date: 2019-12-05 · published 2019-12-05T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/11056-after-a-speculative-jump-in-wheat-prices-continue-to-decline
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Weak export demand and a possible US-China deal have pushed grain values lower, which tends to keep feed wheat cheap relative to corn for buyers. Rising Russian offers, despite lower competitiveness, signal supply pressure that could cap further rallies.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-11-09 | [Wheat prices continue to fall amid USDA report and cancellation of tender in Egypt](https://feedsoft.ai/events/38715-wheat-prices-continue-to-fall-amid-usda-report-and-cancellation-of-tender-in.md) | +1.1% | -9.0% |
| WHEAT | 2021-02-26 | [Fundamental factors stopped speculative price increases for wheat](https://feedsoft.ai/events/48662-fundamental-factors-stopped-speculative-price-increases-for-wheat.md) | +1.2% | -1.0% |
| WHEAT | 2019-02-23 | [Wheat Markets Continue to Sell Off](https://feedsoft.ai/events/6773-wheat-markets-continue-to-sell-off.md) | -3.6% | +0.5% |
| WHEAT | 2024-09-02 | [Spain: The fall in cereal prices at the León market continues, conditioned by the world market](https://feedsoft.ai/events/28379-spain-the-fall-in-cereal-prices-at-the-leon-market-continues-conditioned-by-the.md) | +3.6% | +14.4% |
| WHEAT | 2026-05-04 | [India resumes wheat exports after four years but high prices likely to limit demand - The Economic Times](https://feedsoft.ai/events/19226-india-resumes-wheat-exports-after-four-years-but-high-prices-likely-to-limit.md) | -2.7% | -0.5% |
| KWHEAT | 2022-11-09 | [Wheat prices continue to fall amid USDA report and cancellation of tender in Egypt](https://feedsoft.ai/events/38715-wheat-prices-continue-to-fall-amid-usda-report-and-cancellation-of-tender-in.md) | +1.8% | -8.6% |
| KWHEAT | 2021-02-26 | [Fundamental factors stopped speculative price increases for wheat](https://feedsoft.ai/events/48662-fundamental-factors-stopped-speculative-price-increases-for-wheat.md) | -4.9% | -12.0% |
| KWHEAT | 2019-04-18 | [Good Quality, Competitive Prices Spark U.S. Winter Wheat Demand - U.S. Wheat Associates](https://feedsoft.ai/events/59622-good-quality-competitive-prices-spark-u-s-winter-wheat-demand-u-s-wheat.md) | -3.9% | -0.9% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/pislya-spekulyativnogo-stribka-tcini-na-pshenitcyu-prodovzhuyut-znizhennya.html

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