# US HRW wheat exports projected at record low | World Grain

> USDA's Economic Research Service projects US hard red winter wheat exports at 155 million tonnes, the lowest since records began in 1973. Drought-cut US supplies and uncompetitive pricing are cited, and export commitments are down 21% year on year.

- Date: 2023-09-19 · published 2023-09-19T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/34149-us-hrw-wheat-exports-projected-at-record-low-world-grain
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Weak US export demand leaves more HRW supply domestically, which pressures KC wheat prices, while EU imports at US ports reflect the price gap.

## Read by commodity

- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2023-08-23 | [US wheat exports expected to hit 52-year low \| Agriculture Dive](https://feedsoft.ai/events/34630-us-wheat-exports-expected-to-hit-52-year-low-agriculture-dive.md) | -3.4% | -1.5% |
| KWHEAT | 2021-02-02 | [Record wheat exports from Russia increases pressure on prices](https://feedsoft.ai/events/48490-record-wheat-exports-from-russia-increases-pressure-on-prices.md) | +2.3% | +0.3% |
| KWHEAT | 2023-09-15 | [ERS: U.S. Hard Red Winter Wheat Exports, “Lowest Since Records Started in 1973/74” \| Farm Policy News \| Illinois](https://feedsoft.ai/events/34152-ers-u-s-hard-red-winter-wheat-exports-lowest-since-records-started-in-1973-74.md) | -0.1% | -5.1% |
| KWHEAT | 2017-06-19 | [Russia 2017/18 wheat exports seen at record, Ukraine down 18% – Customs Today Newspaper](https://feedsoft.ai/events/70335-russia-2017-18-wheat-exports-seen-at-record-ukraine-down-18-customs-today.md) | -2.0% | +7.0% |
| KWHEAT | 2023-12-18 | [US SRW wheat exports set to top HRW for first time after China haul](https://feedsoft.ai/events/32742-us-srw-wheat-exports-set-to-top-hrw-for-first-time-after-china-haul.md) | -3.1% | -7.6% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/19050-us-hrw-wheat-exports-projected-at-record-low

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