# Wheat prices recovered slightly after last week’s decline

> Wheat prices recovered slightly on November 14 after the prior week's decline, supported by possible crop adjustments in Argentina, Australia and Russia. Saudi SAGO bought 1 million tonnes of wheat in its sixth tender of the year, and US winter wheat planting reached 96%.

- Date: 2022-11-15 · published 2022-11-15T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/38716-wheat-prices-recovered-slightly-after-last-week-s-decline
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Saudi import demand provides support, but USDA's raised world production forecast and Black Sea supply uncertainty keep prices under pressure.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2019-01-20 | [Russian wheat prices on rise \| Farm Online \| ACT](https://feedsoft.ai/events/7656-russian-wheat-prices-on-rise-farm-online-act.md) | +0.1% | -8.9% |
| KWHEAT | 2021-02-04 | [Fundamental, Technical Factors Lifted U.S. Wheat Futures Prices](https://feedsoft.ai/events/48674-fundamental-technical-factors-lifted-u-s-wheat-futures-prices.md) | -1.8% | -2.0% |
| KWHEAT | 2018-11-27 | [IGC Data Shows U.S. Wheat Prices in a Rare Position - U.S. Wheat Associates](https://feedsoft.ai/events/62068-igc-data-shows-u-s-wheat-prices-in-a-rare-position-u-s-wheat-associates.md) | +4.2% | +6.7% |
| KWHEAT | 2020-01-06 | [Mid-Year Report: U.S. Wheat Export Pace Ahead of Last Year - U.S. Wheat Associates](https://feedsoft.ai/events/55125-mid-year-report-u-s-wheat-export-pace-ahead-of-last-year-u-s-wheat-associates.md) | +4.2% | -1.7% |
| KWHEAT | 2026-03-06 | [Wheat market firm: energy prices support despite weak](https://feedsoft.ai/events/9853-wheat-market-firm-energy-prices-support-despite-weak.md) | +2.8% | +5.2% |
| WHEAT | 2019-01-20 | [Russian wheat prices on rise \| Farm Online \| ACT](https://feedsoft.ai/events/7656-russian-wheat-prices-on-rise-farm-online-act.md) | +3.3% | +2.1% |
| WHEAT | 2019-01-31 | [Feed weekly outlook: Prairie wheat, barley prices still look good - Grainews](https://feedsoft.ai/events/61159-feed-weekly-outlook-prairie-wheat-barley-prices-still-look-good-grainews.md) | -0.8% | -5.9% |
| WHEAT | 2021-08-30 | [Russian wheat export prices up - Markets - Business Recorder](https://feedsoft.ai/events/45619-russian-wheat-export-prices-up-markets-business-recorder.md) | +0.2% | +0.5% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/wheat-prices-recovered-slightly-after-last-weeks-decline/

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