# Wheat heads for ninth weekly loss despite US export boost - Markets - Business Recorder

> CBOT wheat was up 0.5% at $6.06-3/4 but down 3% on the week, heading for a ninth weekly loss. Prices hit $5.93-1/4 on Wednesday, the lowest since July 1, and sit nearly 25% below September highs reached during Black Sea supply disruptions.

- Date: 2026-10-30 · published 2026-10-30T10:05:12.686Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/1993-wheat-heads-for-ninth-weekly-loss-despite-us-export-boost-markets-business
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A prolonged slide in wheat prices lowers the cost of wheat in feed rations, and easing Black Sea risk removes the supply premium built earlier.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40446660

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