# Uncertainty dominates global, US wheat markets | World Grain

> World Grain reports that uncertainty about world wheat supplies continues to underpin US wheat prices, which have built a risk premium of about $1 per bushel since the invasion. Key unknowns include Ukrainian winter harvest, spring seedings at 40% to 60% of typical acreage, and shipments from compromised ports.

- Date: 2022-03-24 · published 2022-03-24T12:00:00.000Z
- Category: geopolitics · region US · magnitude medium
- Page: https://feedsoft.ai/events/42309-uncertainty-dominates-global-us-wheat-markets-world-grain
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The risk premium in US wheat reflects uncertain Ukrainian output and export logistics, keeping prices elevated for feed buyers.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2026-09-25 | [What’s Behind the Latest Surge in Grain and Oilseed Prices?](https://feedsoft.ai/events/11998-what-s-behind-the-latest-surge-in-grain-and-oilseed-prices.md) | -2.8% | -10.9% |
| OATS | 2026-03-12 | [Oats can improve soil and water quality. All that’s missing is a market for them. - FoodPrint](https://feedsoft.ai/events/20236-oats-can-improve-soil-and-water-quality-all-that-s-missing-is-a-market-for-them.md) | +2.3% | -6.5% |
| OATS | 2026-06-15 | [Focus: Russian attacks could cut Ukraine grain exports by a third \| Reuters](https://feedsoft.ai/events/14105-focus-russian-attacks-could-cut-ukraine-grain-exports-by-a-third-reuters.md) | +2.3% | +1.4% |
| OATS | 2022-10-31 | [Wheat up 6% after Russia quits Black Sea pact; corn, soy firm \| Reuters](https://feedsoft.ai/events/39156-wheat-up-6-after-russia-quits-black-sea-pact-corn-soy-firm-reuters.md) | +6.6% | +5.7% |
| OATS | 2024-11-06 | [Ukraine: Agricultural Policy Monitoring and Evaluation 2024 \| OECD](https://feedsoft.ai/events/10550-ukraine-agricultural-policy-monitoring-and-evaluation-2024-oecd.md) | -11.8% | -9.0% |
| KWHEAT | 2024-11-20 | [Has the Global Wheat Market Changed?](https://feedsoft.ai/events/27442-has-the-global-wheat-market-changed.md) | -1.4% | -1.7% |
| KWHEAT | 2026-08-29 | [Prairie Wheat and Barley Prices Rise During Harvest as Global Supply Concerns Support Markets](https://feedsoft.ai/events/17991-prairie-wheat-and-barley-prices-rise-during-harvest-as-global-supply-concerns.md) | -5.0% | -6.8% |
| KWHEAT | 2022-06-09 | [Wheat futures surge after Russia strikes Ukrainian grain terminal - Fastmarkets](https://feedsoft.ai/events/40980-wheat-futures-surge-after-russia-strikes-ukrainian-grain-terminal-fastmarkets.md) | -1.9% | -17.7% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/16671-uncertainty-dominates-global-us-wheat-markets

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