# Wheat Collapses into the Weekend, with Marketing Year Low in Export Business - IBest Media

> Wheat futures posted double-digit losses across most contracts on Friday, with Chicago SRW down about 11 to 16 cents. The USDA weekly export sales report showed a marketing-year low of 140,591 MT for the Christmas week, below estimates of 200,000 to 500,000 MT. Taiwan is tendering for 114,650 MT of US wheat.

- Date: 2025-01-04 · published 2025-01-04T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/11500-wheat-collapses-into-the-weekend-with-marketing-year-low-in-export-business
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A marketing-year low in export sales signals weak foreign demand for US wheat, which pressures prices and makes wheat a cheaper feed alternative to corn.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2025-01-06 | 1 | -1.2% | -3.2 | Marketing-year-low export sales well below estimates drove a Friday selloff in SRW, setting up continued downside momentum. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-01-03 | [Wheat Feeling Pressure Heading into the Weekend - IBest Media](https://feedsoft.ai/events/11505-wheat-feeling-pressure-heading-into-the-weekend-ibest-media.md) | -1.9% | +2.0% |
| WHEAT | 2020-06-15 | [EU wheat at near 3-month low as ample supply continues to weigh - Markets - Business Recorder](https://feedsoft.ai/events/11071-eu-wheat-at-near-3-month-low-as-ample-supply-continues-to-weigh-markets.md) | -1.5% | -5.3% |
| WHEAT | 2026-06-01 | [UGA: Grain exports in the 2026/2027 marketing year could potentially reach 50.8 MMT with a crop of 83.6 MMT -](https://feedsoft.ai/events/14111-uga-grain-exports-in-the-2026-2027-marketing-year-could-potentially-reach-50-8.md) | -2.6% | -0.3% |
| WHEAT | 2024-11-26 | [Wheat extends losses on better US crop outlook, firmer dollar - Markets - Business Recorder](https://feedsoft.ai/events/11777-wheat-extends-losses-on-better-us-crop-outlook-firmer-dollar-markets-business.md) | -0.1% | +2.1% |
| WHEAT | 2025-04-08 | [We can expect a larger wheat harvest in the EU this year - Trademagazin](https://feedsoft.ai/events/25052-we-can-expect-a-larger-wheat-harvest-in-the-eu-this-year-trademagazin.md) | +1.7% | +5.2% |
| KWHEAT | 2025-01-03 | [Wheat Feeling Pressure Heading into the Weekend - IBest Media](https://feedsoft.ai/events/11505-wheat-feeling-pressure-heading-into-the-weekend-ibest-media.md) | -0.3% | +5.0% |
| KWHEAT | 2025-01-06 | [US export figures disappoint - wheat has to cope with](https://feedsoft.ai/events/11499-us-export-figures-disappoint-wheat-has-to-cope-with.md) | +2.4% | +8.7% |
| KWHEAT | 2023-12-19 | [Increasing forecasts of wheat harvest and exports from Canada lowers quotations in the US](https://feedsoft.ai/events/32746-increasing-forecasts-of-wheat-harvest-and-exports-from-canada-lowers-quotations.md) | +2.4% | -3.6% |

## Sources

- ibestmedia.com: https://www.ibestmedia.com/post/59033.html

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