# Wheat: Too Many Upward Price Pressure | Investing.com

> Investing.com commentary notes wheat prices hit record levels this marketing year and USDA's first projection shows 2023 US winter wheat plantings at 37 million acres, up 11 percent to the highest since 2015/16. US wheat export commitments trail the prior year, at 71 percent of the estimated marketing-year total.

- Date: 2023-01-30 · published 2023-01-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/37832-wheat-too-many-upward-price-pressure-investing-com
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A larger US winter wheat area points to more future supply and pressures prices, while lagging export commitments suggest demand is softer than last year.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-01-03 | [Wheat Feeling Pressure Heading into the Weekend - IBest Media](https://feedsoft.ai/events/11505-wheat-feeling-pressure-heading-into-the-weekend-ibest-media.md) | -1.9% | +2.0% |
| WHEAT | 2024-11-28 | [Wheat markets fall: Harvest pressure from Argentina and](https://feedsoft.ai/events/11778-wheat-markets-fall-harvest-pressure-from-argentina-and.md) | +0.2% | +2.4% |
| WHEAT | 2025-06-26 | [Big global wheat crop expected to pressure prices \| The Western Producer](https://feedsoft.ai/events/24273-big-global-wheat-crop-expected-to-pressure-prices-the-western-producer.md) | +3.0% | -1.3% |
| WHEAT | 2025-10-29 | [Large wheat supply pressures prices \| The Western Producer](https://feedsoft.ai/events/22436-large-wheat-supply-pressures-prices-the-western-producer.md) | -2.8% | -6.1% |
| WHEAT | 2020-02-18 | [India to harvest record rice, wheat crops](https://feedsoft.ai/events/54541-india-to-harvest-record-rice-wheat-crops.md) | -0.9% | -0.1% |
| KWHEAT | 2025-01-03 | [Wheat Feeling Pressure Heading into the Weekend - IBest Media](https://feedsoft.ai/events/11505-wheat-feeling-pressure-heading-into-the-weekend-ibest-media.md) | -0.3% | +5.0% |
| KWHEAT | 2025-06-26 | [Big global wheat crop expected to pressure prices \| The Western Producer](https://feedsoft.ai/events/24273-big-global-wheat-crop-expected-to-pressure-prices-the-western-producer.md) | -0.3% | +0.8% |
| KWHEAT | 2025-10-29 | [Large wheat supply pressures prices \| The Western Producer](https://feedsoft.ai/events/22436-large-wheat-supply-pressures-prices-the-western-producer.md) | +3.2% | -1.3% |

## Sources

- investing.com: https://www.investing.com/analysis/wheat-too-many-upward-price-pressure-200634816

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