# CBOT wheat firms again on worse than expected winter wheat conditions - AgriInsite

> CBOT wheat futures rose for a second day after USDA crop progress data showed winter wheat conditions worse than expected. December SRW closed at $5.73¼ and KC HRW at $5.75¾. Ukraine's minimum export price system for grains and oilseeds is expected to launch in early December.

- Date: 2024-10-31 · published 2024-10-31T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/27899-cbot-wheat-firms-again-on-worse-than-expected-winter-wheat-conditions-agriinsite
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Poor US winter wheat ratings tighten expected supply and support wheat prices, while Ukraine's minimum export prices could firm Black Sea offers.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-05-12 | [Lower-Than-Expected Winter Wheat Production Sends KC Wheat Futures Soaring](https://feedsoft.ai/events/35885-lower-than-expected-winter-wheat-production-sends-kc-wheat-futures-soaring.md) | -1.1% | -6.9% |
| WHEAT | 2020-09-30 | [Corn, soy, wheat surge on lower-than-expected U.S. grain stocks \| Financial Post](https://feedsoft.ai/events/8786-corn-soy-wheat-surge-on-lower-than-expected-u-s-grain-stocks-financial-post.md) | +2.5% | +4.6% |
| WHEAT | 2024-05-10 | [Corn Surges on Lower-Than-Expected Stocks; Wheat, Soy Finish With Solid Gains After Mostly Neutral Report](https://feedsoft.ai/events/30213-corn-surges-on-lower-than-expected-stocks-wheat-soy-finish-with-solid-gains.md) | +1.9% | +6.1% |
| WHEAT | 2025-12-15 | [Corn, wheat export inspections maintain faster than last year paces - Brownfield Ag News](https://feedsoft.ai/events/21543-corn-wheat-export-inspections-maintain-faster-than-last-year-paces-brownfield.md) | -0.3% | +0.4% |
| WHEAT | 2024-05-18 | [French wheat conditions hold at 4-year low, maize planting picks up - AgriInsite](https://feedsoft.ai/events/30176-french-wheat-conditions-hold-at-4-year-low-maize-planting-picks-up-agriinsite.md) | +19.7% | +8.5% |
| KWHEAT | 2023-05-12 | [Lower-Than-Expected Winter Wheat Production Sends KC Wheat Futures Soaring](https://feedsoft.ai/events/35885-lower-than-expected-winter-wheat-production-sends-kc-wheat-futures-soaring.md) | -3.9% | -10.5% |
| KWHEAT | 2018-03-22 | [Global Winter Wheat Condition a Mixed Bag - U.S. Wheat Associates](https://feedsoft.ai/events/65938-global-winter-wheat-condition-a-mixed-bag-u-s-wheat-associates.md) | -1.0% | +6.4% |
| KWHEAT | 2017-05-10 | [Winter wheat takes a hit in USDA forecast \| 2017-05-10 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/71055-winter-wheat-takes-a-hit-in-usda-forecast-2017-05-10-agri-pulse-agri-pulse.md) | -0.6% | +4.4% |

## Sources

- agriinsite.com: https://agriinsite.com/cbot-wheat-firms-again-on-worse-than-expected-winter-wheat-conditions/

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