# Low wheat prices irk Kansas farmers, capping US winter wheat acreage

> Minimum insurance prices for the 2024 Kansas wheat crop were set in mid-September at $7.34 per bushel, down $1.45 from last year. Growers say the lower prices are discouraging winter wheat planting in the state.

- Date: 2023-10-12 · published 2023-10-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33649-low-wheat-prices-irk-kansas-farmers-capping-us-winter-wheat-acreage
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Reduced US winter wheat acreage for 2024 could tighten future HRW supplies, while lower prices currently weigh on sentiment.

## Read by commodity

- KWHEAT: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/low-wheat-prices-irk-kansas-farmers-capping-us-winter-wheat-acreage-2023-10-12/

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