# Adequate Wheat Globally Despite Poor Wheat Numbers in Oklahoma This Year - Oklahoma Farm Report

> Oklahoma State economist Kim Anderson said Oklahoma faces a second year of short hard red winter wheat due to planting and growing-season problems. Forward contracts were offered at $8.50-8.60, and cash prices had fallen to just over $8.

- Date: 2023-05-23 · published 2023-05-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36019-adequate-wheat-globally-despite-poor-wheat-numbers-in-oklahoma-this-year
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A second short HRW crop in the southern Plains supports HRW prices, though the global supply position limits the upside.

## Read by commodity

- KWHEAT: neutral

## Sources

- oklahomafarmreport.com: https://www.oklahomafarmreport.com/2023/05/23/adequate-wheat-globally-despite-poor-wheat-numbers-in-oklahoma-this-year/

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