# Jekanowski: Wheat Prices Returning To Pre-Ukraine Invasion Levels

> USDA's August supply and demand report raised wheat exports by 25 million bushels and tightened ending stocks by about 29 million bushels. The season average price forecast was cut by $1.25 per bushel as futures and cash prices returned to pre-invasion levels.

- Date: 2022-08-17 · published 2022-08-17T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/40080-jekanowski-wheat-prices-returning-to-pre-ukraine-invasion-levels
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Lower USDA price forecasts and reduced U.S. carryout reflect softer cash wheat values, though tighter stocks still support feed wheat demand.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-07-29 | [Wheat prices in the US fell to the lowest level since 2020](https://feedsoft.ai/events/29288-wheat-prices-in-the-us-fell-to-the-lowest-level-since-2020.md) | -4.2% | -6.9% |
| WHEAT | 2023-01-30 | [Wheat: Too Many Upward Price Pressure \| Investing.com](https://feedsoft.ai/events/37832-wheat-too-many-upward-price-pressure-investing-com.md) | +3.4% | +1.2% |
| WHEAT | 2020-08-09 | [Wheat prices to remain range-bound - The HinduBusinessLine](https://feedsoft.ai/events/51561-wheat-prices-to-remain-range-bound-the-hindubusinessline.md) | -1.0% | +0.0% |
| WHEAT | 2019-10-08 | [The increase in wheat prices reduces demand](https://feedsoft.ai/events/5902-the-increase-in-wheat-prices-reduces-demand.md) | +4.5% | +2.1% |
| WHEAT | 2018-08-30 | [Wheat Prices Rising On Global Supply Issues](https://feedsoft.ai/events/63586-wheat-prices-rising-on-global-supply-issues.md) | +4.7% | -1.6% |
| KWHEAT | 2024-07-29 | [Wheat prices in the US fell to the lowest level since 2020](https://feedsoft.ai/events/29288-wheat-prices-in-the-us-fell-to-the-lowest-level-since-2020.md) | +2.6% | -4.7% |
| KWHEAT | 2023-01-30 | [Wheat: Too Many Upward Price Pressure \| Investing.com](https://feedsoft.ai/events/37832-wheat-too-many-upward-price-pressure-investing-com.md) | +0.4% | -5.3% |
| KWHEAT | 2025-11-11 | [Surging wheat output weighing on prices \| World Grain](https://feedsoft.ai/events/21998-surging-wheat-output-weighing-on-prices-world-grain.md) | +0.3% | -1.3% |

## Sources

- pnwag.net: https://pnwag.net/jekanowski-wheat-prices-returning-to-pre-ukraine-invasion-levels/

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