# Wheat futures on world exchanges fell by 1.8-3.3% for the week

> World wheat futures fell 1.8-3.3% over the week ending October 27, with Chicago SRW, Kansas HRW, Minneapolis HRS and Paris wheat all lower. The EU raised its soft wheat crop forecast slightly but cut exports, and rains in major exporting countries pressured new-crop prices.

- Date: 2023-10-30 · published 2023-10-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/33679-wheat-futures-on-world-exchanges-fell-by-1-8-3-3-for-the-week
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Ample world offers and improving harvest weather keep wheat prices near multi-year lows, which favours cheaper feed wheat for buyers.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/wheat-futures-on-world-exchanges-fell-by-1-8-3-3-for-the-week/

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