# Despite Challenging Markets, US Wheat Producers Positioned to Meet Sophisticated Demand - Northern Ag Network

> US Wheat Associates reported that hard red winter wheat sales for 2022-23 were 32% behind the prior year due to high prices from drought and war. Its president said US HRW was as much as $100 a ton above Russian and eastern European wheat on an FOB basis.

- Date: 2023-08-16 · published 2023-08-16T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/34631-despite-challenging-markets-us-wheat-producers-positioned-to-meet-sophisticated
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A persistent price premium over Black Sea wheat has cut US export demand, which weighs on wheat values while cheaper competitor supplies remain available.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2026-10-26 | [Cash market update: Wheat falls on rising supply despite Black Sea risks as China’s US soybean purchases near 70% of its commitment - Fastmarkets](https://feedsoft.ai/events/442-cash-market-update-wheat-falls-on-rising-supply-despite-black-sea-risks-as.md) | -2.2% | — |
| KWHEAT | 2026-10-20 | [Weak demand for US wheat increases price pressure on Ukrainian and EU markets](https://feedsoft.ai/events/458-weak-demand-for-us-wheat-increases-price-pressure-on-ukrainian-and-eu-markets.md) | -4.6% | — |
| KWHEAT | 2025-11-07 | [Wheat: Bears dominate: US wheat prices fall despite](https://feedsoft.ai/events/8218-wheat-bears-dominate-us-wheat-prices-fall-despite.md) | +0.7% | +0.2% |
| KWHEAT | 2021-03-12 | [US white wheat growers cash in as China snaps up supplies - Markets - Business Recorder](https://feedsoft.ai/events/48160-us-white-wheat-growers-cash-in-as-china-snaps-up-supplies-markets-business.md) | -1.5% | -1.6% |
| KWHEAT | 2023-09-25 | [Explainer: Why are Russian export prices roiling the wheat market? \| Reuters](https://feedsoft.ai/events/34139-explainer-why-are-russian-export-prices-roiling-the-wheat-market-reuters.md) | -6.7% | -5.8% |
| WHEAT | 2026-10-26 | [Cash market update: Wheat falls on rising supply despite Black Sea risks as China’s US soybean purchases near 70% of its commitment - Fastmarkets](https://feedsoft.ai/events/442-cash-market-update-wheat-falls-on-rising-supply-despite-black-sea-risks-as.md) | -0.4% | — |
| WHEAT | 2024-06-13 | [Falling demand for wheat and corn in China could crash global markets](https://feedsoft.ai/events/14743-falling-demand-for-wheat-and-corn-in-china-could-crash-global-markets.md) | -2.1% | -3.6% |
| WHEAT | 2018-06-29 | [Farming News - Market Update - New crop all about weather and politics](https://feedsoft.ai/events/64476-farming-news-market-update-new-crop-all-about-weather-and-politics.md) | -3.9% | +0.6% |

## Sources

- northernag.net: https://www.northernag.net/despite-challenging-markets-us-wheat-producers-positioned-to-meet-sophisticated-demand/

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