# Wheat prices continue to fall on forecasts of an increase in sowing areas in the United States 28.01.2022 - UkrAgroConsult

> Wheat prices declined on world exchanges after reversing early speculative gains, as precipitation forecasts for US winter wheat areas and expected US acreage increases outweighed record weekly US export sales. March SRW, HRW and HRS futures fell by several dollars per tonne.

- Date: 2022-01-28 · published 2022-01-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/43180-wheat-prices-continue-to-fall-on-forecasts-of-an-increase-in-sowing-areas-in
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expected larger US wheat plantings and improved rain outlook weigh on prices, though strong export demand limits the decline.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/wheat-prices-continue-to-fall-on-forecasts-of-an-increase-in-sowing-areas-in-the-united-states/

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