# Grain market review: Wheat | World Grain

> World wheat markets stayed weak into 2024, with US Wheat Associates reporting lower prices on a lack of supportive news. Cold weather in the Northern Hemisphere and logistics issues in the Pacific Northwest provided only brief bullish support.

- Date: 2024-01-22 · published 2024-01-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/32171-grain-market-review-wheat-world-grain
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Ample nearby supplies and weak row-crop prices keep downward pressure on wheat. Cold-related logistics disruptions offer short-lived support but do not change the bearish trend.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- world-grain.com: https://www.world-grain.com/articles/19528-grain-market-review-wheat

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