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An article examines why US hard white wheat has struggled to gain share in world markets despite strong Asian demand for noodle and bread products. It notes the variety was created as a distinct class in 1990 and is grown in the Pacific Northwest near West Coast export outlets.
Limited export uptake of hard white wheat keeps a niche class of US wheat under-demanded, with little effect on feed grain prices. The story describes a structural market issue rather than a new price shock.
hpj.comDavid MurrayMar 22, 2024After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
