# Winter wheat damage doesn’t move the markets – Radio Keokuk

> Stone X's Arlan Suderman said confirmation of a poor Kansas wheat crop had little effect on prices. Imports of eastern European milling wheat and blending of soft red winter wheat pulled prices down, along with a broader commodity sell-off and a stronger US dollar.

- Date: 2023-05-18 · published 2023-05-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36020-winter-wheat-damage-doesn-t-move-the-markets-radio-keokuk
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Cheaper imported and substitute wheat is reducing demand for HRW, which keeps wheat prices under pressure despite the crop shortfall.

## Read by commodity

- DXY: bullish ▲
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- radiokeokuk.com: https://radiokeokuk.com/winter-wheat-damage-doesnt-move-the-markets/

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