# 2022 Price Outlook for Hard Red Winter and Soft Red Winter Wheat

> Analysis of wheat price history notes that wheat futures roughly doubled from June 2019 to November 2021, with HRW shifting from a discount to a premium over SRW. World wheat stocks-to-use has fallen from 146 to an estimated 130 days of supply.

- Date: 2022-01-24 · published 2022-01-24T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/43177-2022-price-outlook-for-hard-red-winter-and-soft-red-winter-wheat
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tightening world stocks-to-use underpins the wheat price rally and suggests continued upward pressure on feed and milling wheat costs.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2017-12-20 | [Welch gives wheat market outlook for 2018 \| texaswheat.org](https://feedsoft.ai/events/67517-welch-gives-wheat-market-outlook-for-2018-texaswheat-org.md) | +1.3% | +1.8% |
| KWHEAT | 2026-01-28 | [Wheat Prices Rally as Dollar Dips; Todd Hubbs Weighs in on Crop Outlook and Policy Rumors - Oklahoma Farm Report](https://feedsoft.ai/events/21102-wheat-prices-rally-as-dollar-dips-todd-hubbs-weighs-in-on-crop-outlook-and.md) | +0.4% | +3.7% |
| KWHEAT | 2022-06-29 | [WHEAT SCOOPS: $11 wheat, why and how long? – The Seam](https://feedsoft.ai/events/40982-wheat-scoops-11-wheat-why-and-how-long-the-seam.md) | -13.7% | -12.4% |
| KWHEAT | 2026-05-13 | [Biofuel bets meet rising food shortage fears after USDA slashes U.S. wheat crop forecast - Pro Farmer](https://feedsoft.ai/events/10794-biofuel-bets-meet-rising-food-shortage-fears-after-usda-slashes-u-s-wheat-crop.md) | -2.3% | -12.5% |
| KWHEAT | 2018-05-16 | [Corn Hands the Baton to Wheat](https://feedsoft.ai/events/10238-corn-hands-the-baton-to-wheat.md) | +6.0% | +5.7% |
| WHEAT | 2017-12-20 | [Welch gives wheat market outlook for 2018 \| texaswheat.org](https://feedsoft.ai/events/67517-welch-gives-wheat-market-outlook-for-2018-texaswheat-org.md) | +0.4% | +0.7% |
| WHEAT | 2026-09-01 | [Interest rate outlook directing grain price potential](https://feedsoft.ai/events/17813-interest-rate-outlook-directing-grain-price-potential.md) | +0.8% | +0.1% |
| WHEAT | 2016-11-22 | [A boost for harvest cash price \| NSW](https://feedsoft.ai/events/11922-a-boost-for-harvest-cash-price-nsw.md) | -2.8% | +0.7% |

## Sources

- southernagtoday.org: https://southernagtoday.org/2022/01/24/2022-price-outlook-for-hard-red-winter-and-soft-red-winter-wheat/

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