# Wheat quotes have risen sharply since the beginning of the week 13.04.2022 - UkrAgroConsult

> Wheat futures rose on April 11 with May SRW in Chicago up 5.6% to $405.6/t and HRW in Kansas City up 7.4% to $427.1/t. Morocco's severe drought and purchase tenders from Algeria and Egypt added support, while Ukrainian supplies remain blocked.

- Date: 2022-04-13 · published 2022-04-13T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/41885-wheat-quotes-have-risen-sharply-since-the-beginning-of-the-week-13-04-2022
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Import demand from North Africa combined with blocked Black Sea supply tightens global wheat availability, pushing up US wheat prices and the feed-grain complex.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/wheat-quotes-have-risen-sharply-since-the-beginning-of-the-week/

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