# Does $10 wheat mean more acres? - High Plains Journal

> Kansas State budgets show wheat finishing last in profitability versus grain sorghum and corn, even with wheat more than doubling in price. The USDA prospective plantings put all-wheat acreage at 47.4 million acres, the fifth lowest since 1919.

- Date: 2022-04-15 · published 2022-04-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/41898-does-10-wheat-mean-more-acres-high-plains-journal
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Low US wheat acreage despite high prices supports tight wheat supply and keeps feed wheat and sorghum prices firm as substitutes.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2020-04-10 | [April WASDE shows impact of COVID-19 - High Plains Journal](https://feedsoft.ai/events/53606-april-wasde-shows-impact-of-covid-19-high-plains-journal.md) | -2.7% | +2.4% |
| KWHEAT | 2025-03-31 | [Wheat Pops Higher on Lower Acreage](https://feedsoft.ai/events/25623-wheat-pops-higher-on-lower-acreage.md) | +1.0% | -4.9% |
| KWHEAT | 2025-04-01 | [CBOT wheat closes higher on USDA acreage data](https://feedsoft.ai/events/25167-cbot-wheat-closes-higher-on-usda-acreage-data.md) | +0.4% | -7.5% |
| KWHEAT | 2020-11-18 | [International Issues Pushing Wheat Prices Higher](https://feedsoft.ai/events/50201-international-issues-pushing-wheat-prices-higher.md) | +1.5% | +1.6% |
| KWHEAT | 2017-02-17 | [Wheat's merit debated as acreage falls \| HPPR](https://feedsoft.ai/events/72540-wheat-s-merit-debated-as-acreage-falls-hppr.md) | -0.9% | -1.0% |
| WHEAT | 2020-04-10 | [April WASDE shows impact of COVID-19 - High Plains Journal](https://feedsoft.ai/events/53606-april-wasde-shows-impact-of-covid-19-high-plains-journal.md) | -0.7% | -0.4% |
| WHEAT | 2025-03-31 | [Wheat Pops Higher on Lower Acreage](https://feedsoft.ai/events/25623-wheat-pops-higher-on-lower-acreage.md) | -1.5% | +0.8% |
| WHEAT | 2020-01-10 | [High Plains Ag Week 1/10/2020 - Ag Economics on the Plains](https://feedsoft.ai/events/55025-high-plains-ag-week-1-10-2020-ag-economics-on-the-plains.md) | +0.7% | -4.1% |

## Sources

- hpj.com: https://hpj.com/2022/04/15/does-10-wheat-mean-more-acres/

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