# Wheat prices back to post-invasion lows in a positive for inflation fighting central banks | Kpler - Jan 19, 2023

> Kpler reports CBOT wheat futures traded near $7.51/bushel on January 17, back to post-invasion lows, after spiking above $14 in 2022. CBOT Black Sea wheat was about $307/t, down from a June 2022 peak above $425/t. Ukraine shipped 4.75 Mt of seaborne wheat in the final five months of 2022.

- Date: 2023-01-19 · published 2023-01-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/37825-wheat-prices-back-to-post-invasion-lows-in-a-positive-for-inflation-fighting
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Wheat near post-invasion lows gives feed buyers cheaper wheat as a corn substitute, with Black Sea shipments the main upside risk.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- kpler.com: https://www.kpler.com/blog/wheat-prices-back-to-post-invasion-lows-in-a-positive-for-inflation-fighting-central-banks

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