# US Wheat Associates Weekly Price Report – November 22, 2023 - Oklahoma Farm Report

> USDA reported that 48% of US winter wheat was rated good to excellent, up one point and 16 points above 2022, with emergence at 87%. Wheat futures hit new contract lows on November 20, and US export commitments reached 62% of the projected 19.05 MMT.

- Date: 2023-11-22 · published 2023-11-22T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/33222-us-wheat-associates-weekly-price-report-november-22-2023-oklahoma-farm-report
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Improving crop conditions and sluggish sales weigh on wheat prices, though the export commitment level gives some support to demand.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-02-05 | [USW Reports on World Wheat Production and Exports - U.S. Wheat Associates](https://feedsoft.ai/events/60536-usw-reports-on-world-wheat-production-and-exports-u-s-wheat-associates.md) | +0.3% | -4.2% |
| WHEAT | 2017-12-08 | [Farming News - US & EU wheat price down - the Weekly Markets](https://feedsoft.ai/events/11626-farming-news-us-and-eu-wheat-price-down-the-weekly-markets.md) | -3.7% | -1.3% |
| WHEAT | 2023-11-09 | [Wheat Production Unchanged in Latest WASDE Report, Allendale’s Rich Nelson Says It’s a Mild Report - Oklahoma Farm Report](https://feedsoft.ai/events/33118-wheat-production-unchanged-in-latest-wasde-report-allendale-s-rich-nelson-says.md) | -2.9% | +1.7% |
| WHEAT | 2017-09-15 | [Farming News - No shortage of Wheat in the world - Weekly Wheat and OSR report from Gleadell](https://feedsoft.ai/events/68919-farming-news-no-shortage-of-wheat-in-the-world-weekly-wheat-and-osr-report-from.md) | +0.7% | +3.6% |
| WHEAT | 2025-11-04 | [StoneX Specialty Grains Report - November 2025](https://feedsoft.ai/events/22014-stonex-specialty-grains-report-november-2025.md) | -3.7% | -1.2% |
| KWHEAT | 2019-02-05 | [USW Reports on World Wheat Production and Exports - U.S. Wheat Associates](https://feedsoft.ai/events/60536-usw-reports-on-world-wheat-production-and-exports-u-s-wheat-associates.md) | -3.3% | -13.0% |
| KWHEAT | 2023-11-09 | [Wheat Production Unchanged in Latest WASDE Report, Allendale’s Rich Nelson Says It’s a Mild Report - Oklahoma Farm Report](https://feedsoft.ai/events/33118-wheat-production-unchanged-in-latest-wasde-report-allendale-s-rich-nelson-says.md) | -2.3% | +1.1% |
| KWHEAT | 2021-11-01 | [Grain Transportation Report, November 4, 2021](https://feedsoft.ai/events/43962-grain-transportation-report-november-4-2021.md) | -0.9% | +8.7% |

## Sources

- oklahomafarmreport.com: https://www.oklahomafarmreport.com/2023/11/24/us-wheat-associates-weekly-price-report-november-22-2023/

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