# Cash in on tight supplies

> Kansas City wheat futures reached seven-year highs and Minneapolis futures topped $10 a bushel for the first time since 2012 as international buyers sought high-protein wheat. Sept. 1 US wheat stocks were the smallest since 2007/08, and USDA put 2021/22 global wheat stocks at the tightest in six years.

- Date: 2021-11-02 · published 2021-11-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44084-cash-in-on-tight-supplies
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight US and global wheat stocks keep prices elevated and push feed users toward cheaper substitutes such as corn and barley.

## Read by commodity

- CORN: neutral
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/cash-in-on-tight-supplies

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