# Tightening US and World Wheat Supplies Send Wheat Futures Prices to Near Limit Gains

> The May WASDE showed US all-wheat production at 1.729 billion bushels, below trade expectations, with hard red winter wheat at 1.174 billion bushels amid Southern Plains drought. Global and US wheat stocks fell more than expected, and Kansas City, Chicago and Minneapolis wheat futures briefly hit daily limit gains.

- Date: 2022-05-12 · published 2022-05-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/41347-tightening-us-and-world-wheat-supplies-send-wheat-futures-prices-to-near-limit
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Smaller US hard winter and world wheat supplies tighten the balance sheet and lift wheat prices, raising feed-grain alternatives' costs.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-09-30 | [U.S. grains: Wheat futures surge as supplies drop to 14-year low - Grainews](https://feedsoft.ai/events/11320-u-s-grains-wheat-futures-surge-as-supplies-drop-to-14-year-low-grainews.md) | +5.6% | +8.7% |
| WHEAT | 2017-11-02 | [U.S. High-Protein Wheat Supplies Tightening - U.S. Wheat Associates](https://feedsoft.ai/events/68043-u-s-high-protein-wheat-supplies-tightening-u-s-wheat-associates.md) | +0.3% | -1.5% |
| WHEAT | 2018-01-25 | [Global Supplies of High Protein Wheat Keep Tightening - U.S. Wheat Associates](https://feedsoft.ai/events/67019-global-supplies-of-high-protein-wheat-keep-tightening-u-s-wheat-associates.md) | +0.7% | +2.2% |
| WHEAT | 2026-05-28 | [Analyst insight: UK grain supplies tightening \| AHDB](https://feedsoft.ai/events/19332-analyst-insight-uk-grain-supplies-tightening-ahdb.md) | -2.8% | +0.2% |
| WHEAT | 2026-10-23 | [UK wheat and barley supplies tighten after challenging 2026 harvest - Farmers Guide](https://feedsoft.ai/events/17155-uk-wheat-and-barley-supplies-tighten-after-challenging-2026-harvest-farmers.md) | -0.6% | — |
| KWHEAT | 2021-09-30 | [U.S. grains: Wheat futures surge as supplies drop to 14-year low - Grainews](https://feedsoft.ai/events/11320-u-s-grains-wheat-futures-surge-as-supplies-drop-to-14-year-low-grainews.md) | +4.7% | +10.0% |
| KWHEAT | 2017-11-02 | [U.S. High-Protein Wheat Supplies Tightening - U.S. Wheat Associates](https://feedsoft.ai/events/68043-u-s-high-protein-wheat-supplies-tightening-u-s-wheat-associates.md) | +2.8% | -0.3% |
| KWHEAT | 2018-01-25 | [Global Supplies of High Protein Wheat Keep Tightening - U.S. Wheat Associates](https://feedsoft.ai/events/67019-global-supplies-of-high-protein-wheat-keep-tightening-u-s-wheat-associates.md) | +7.9% | +8.7% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2022/05/12/tightening-us-world-wheat-supplies

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