# Asian feed wheat demand rises on Northern hemisphere harvest, improved weather

> Asian feed wheat demand strengthened in the second half of June, with about 450,000 mt trading into Asia. Black Sea feed wheat became the most competitive origin after Ukraine 11.5% FOB fell 11% on the month to $214/mt. Improved weather in Western Australia and Russia eased fears of further yield losses.

- Date: 2024-06-28 · published 2024-06-28T12:00:00.000Z
- Category: trade · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/29797-asian-feed-wheat-demand-rises-on-northern-hemisphere-harvest-improved-weather
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Lower Black Sea prices make wheat a cheaper feed alternative to corn, shifting Asian feed demand and pressuring corn export values.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-01-11 | [Dust settles on the wheat harvest, focus switches to demand - Grain Central](https://feedsoft.ai/events/66947-dust-settles-on-the-wheat-harvest-focus-switches-to-demand-grain-central.md) | -0.4% | +6.0% |
| WHEAT | 2019-08-20 | [‘You Have To Remain An Optimist.’ Northwest Farmers Wrap Wheat Harvest As Prices Depress \| Northwest News Network](https://feedsoft.ai/events/57623-you-have-to-remain-an-optimist-northwest-farmers-wrap-wheat-harvest-as-prices.md) | +2.0% | +0.3% |
| WHEAT | 2026-10-20 | [Weak demand for US wheat increases price pressure on Ukrainian and EU markets](https://feedsoft.ai/events/458-weak-demand-for-us-wheat-increases-price-pressure-on-ukrainian-and-eu-markets.md) | -0.7% | — |
| WHEAT | 2020-10-24 | [East coast wheat harvest signals an end to Western Australian grain imports - ABC News](https://feedsoft.ai/events/50603-east-coast-wheat-harvest-signals-an-end-to-western-australian-grain-imports-abc.md) | -0.9% | -5.0% |
| WHEAT | 2018-02-26 | [Tops in Wheat, Russia Moves Up as a Feed Grain Exporter](https://feedsoft.ai/events/66356-tops-in-wheat-russia-moves-up-as-a-feed-grain-exporter.md) | +1.4% | +1.3% |
| CORN | 2019-08-20 | [‘You Have To Remain An Optimist.’ Northwest Farmers Wrap Wheat Harvest As Prices Depress \| Northwest News Network](https://feedsoft.ai/events/57623-you-have-to-remain-an-optimist-northwest-farmers-wrap-wheat-harvest-as-prices.md) | +1.3% | +1.3% |
| CORN | 2018-02-26 | [Tops in Wheat, Russia Moves Up as a Feed Grain Exporter](https://feedsoft.ai/events/66356-tops-in-wheat-russia-moves-up-as-a-feed-grain-exporter.md) | +1.8% | +3.2% |
| CORN | 2025-09-26 | [Soybeans edge higher on short covering, corn and wheat dip on harvest progress and global supply pressure - Brownfield Ag News](https://feedsoft.ai/events/22931-soybeans-edge-higher-on-short-covering-corn-and-wheat-dip-on-harvest-progress.md) | -1.9% | -1.3% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/062824-asian-feed-wheat-demand-rises-on-northern-hemisphere-harvest-improved-weather

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