# WHEAT SCOOPS: What to do about volatile wheat prices

> An Oklahoma State extension article reviews the May WASDE, which projects 2022/23 world wheat production of 28.5 billion bushels and use of 28.9 billion. Ending stocks fall from 10.3 to 9.8 billion bushels, giving a stocks-to-use ratio of 34% against a five-year average of 35%.

- Date: 2022-05-17 · published 2022-05-17T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/41452-wheat-scoops-what-to-do-about-volatile-wheat-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stocks-to-use falling below average signals a tighter balance that supports prices, although the report suggests supply still covers demand overall, with bread-wheat classes tighter than the rest.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-12-06 | [Wheat prices: locked and loaded](https://feedsoft.ai/events/61614-wheat-prices-locked-and-loaded.md) | -0.1% | +1.5% |
| WHEAT | 2018-03-05 | [Wool, wheat prices tipped to 'bounce back' after horror year](https://feedsoft.ai/events/65952-wool-wheat-prices-tipped-to-bounce-back-after-horror-year.md) | +0.8% | +0.6% |
| WHEAT | 2022-06-29 | [Worries about wheat \| World Grain](https://feedsoft.ai/events/40983-worries-about-wheat-world-grain.md) | -8.7% | -16.2% |
| WHEAT | 2021-08-19 | [Global Wheat Stocks-to-Use Ratio Supports Bullish Prices Outlook](https://feedsoft.ai/events/45611-global-wheat-stocks-to-use-ratio-supports-bullish-prices-outlook.md) | +0.4% | +4.9% |
| WHEAT | 2019-10-03 | [Steep US corn price rise drove wheat prices up — Latifundist.com](https://feedsoft.ai/events/5900-steep-us-corn-price-rise-drove-wheat-prices-up-latifundist-com.md) | -4.2% | -2.3% |

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/wheat-scoops-what-to-do-about-volatile-wheat-prices

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