# Thursday 27 April 2023 - Agri

> Wheat fell about $20/t week on week as rains improved the US hard red winter crop outlook and Black Sea export concerns failed to lift prices. US winter wheat ratings declined, with 41% rated poor or very poor, and Ukraine's grain exports fell 11% week on week to 40.6m t as of 19 April.

- Date: 2023-04-27 · published 2023-04-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/36337-thursday-27-april-2023-agri
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Improving HRW prospects and continued Ukrainian export flows add supply, keeping wheat values under pressure despite Black Sea risks.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- adm-agri.co.uk: https://www.adm-agri.co.uk/thursday-27-april-2023/

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