# ERS: U.S. Hard Red Winter Wheat Exports, “Lowest Since Records Started in 1973/74” | Farm Policy News | Illinois

> USDA's Economic Research Service reports US hard red winter wheat exports are forecast at the lowest level since records began in 1973/74. The agency attributes this to drought, falling US acreage and uncompetitive pricing against Russia and the EU.

- Date: 2023-09-15 · published 2023-09-15T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/34152-ers-u-s-hard-red-winter-wheat-exports-lowest-since-records-started-in-1973-74
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Loss of export competitiveness keeps US HRW supplies in the domestic market and weighs on KC wheat values.

## Read by commodity

- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2023-09-19 | [US HRW wheat exports projected at record low \| World Grain](https://feedsoft.ai/events/34149-us-hrw-wheat-exports-projected-at-record-low-world-grain.md) | -2.8% | -9.0% |
| KWHEAT | 2022-07-12 | [Hard red winter wheat: Towards bread shortages in 2023? 12.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40530-hard-red-winter-wheat-towards-bread-shortages-in-2023-12-07-2022-ukragroconsult.md) | -5.0% | -7.9% |
| 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 | 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 | 2018-11-20 | [Wheat price held hostage to pace of Russian exports - Farmers Weekly](https://feedsoft.ai/events/62094-wheat-price-held-hostage-to-pace-of-russian-exports-farmers-weekly.md) | -3.3% | +7.2% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2023/09/ers-u-s-hard-red-winter-wheat-exports-lowest-since-records-started-in-1973-74/

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