# Wheat Trending Higher to Kick Off Monday

> Wheat futures were slightly higher on Monday morning after Friday losses across Chicago, Kansas City and Minneapolis, with December Chicago up 11.5 cents on the week. Analysts expect USDA's Small Grains Summary to cut all-wheat production by 16 million bushels to 1.966 billion.

- Date: 2024-09-30 · published 2024-09-30T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/28349-wheat-trending-higher-to-kick-off-monday
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expected USDA production cuts and a smaller EU crop estimate support wheat prices ahead of the report.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2025-03-31 | [Wheat Pops Higher on Lower Acreage](https://feedsoft.ai/events/25623-wheat-pops-higher-on-lower-acreage.md) | +1.0% | -4.9% |
| KWHEAT | 2020-11-18 | [International Issues Pushing Wheat Prices Higher](https://feedsoft.ai/events/50201-international-issues-pushing-wheat-prices-higher.md) | +1.5% | +1.6% |
| KWHEAT | 2017-01-18 | [US wheat stocks to remain high \| VIC](https://feedsoft.ai/events/72944-us-wheat-stocks-to-remain-high-vic.md) | -2.3% | +2.9% |
| KWHEAT | 2025-04-01 | [CBOT wheat closes higher on USDA acreage data](https://feedsoft.ai/events/25167-cbot-wheat-closes-higher-on-usda-acreage-data.md) | +0.4% | -7.5% |
| KWHEAT | 2018-01-25 | [Global Supplies of High Protein Wheat Keep Tightening - U.S. Wheat Associates](https://feedsoft.ai/events/67019-global-supplies-of-high-protein-wheat-keep-tightening-u-s-wheat-associates.md) | +7.9% | +8.7% |
| WHEAT | 2025-03-31 | [Wheat Pops Higher on Lower Acreage](https://feedsoft.ai/events/25623-wheat-pops-higher-on-lower-acreage.md) | -1.5% | +0.8% |
| WHEAT | 2020-11-18 | [International Issues Pushing Wheat Prices Higher](https://feedsoft.ai/events/50201-international-issues-pushing-wheat-prices-higher.md) | -2.6% | +4.3% |
| WHEAT | 2020-09-30 | [Wheat closes over 5% higher after USDA report](https://feedsoft.ai/events/8790-wheat-closes-over-5-higher-after-usda-report.md) | +2.5% | +4.6% |

## Sources

- barchart.com: https://www.barchart.com/story/news/28794483/wheat-trending-higher-to-kick-off-monday

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