# Wheat prices rose sharply after the release of the October USDA report

> Wheat prices eased slightly after the October USDA report before rallying later in the week alongside corn. Chicago SRW, Kansas HRW and Minneapolis HRS futures all fell in the report's aftermath, while export sales were 20% below last year's pace.

- Date: 2021-10-18 · published 2021-10-18T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/44584-wheat-prices-rose-sharply-after-the-release-of-the-october-usda-report
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Wheat's price swings after the USDA report and weaker export sales affect feed grain costs, but the rally into the week's end points to firm underlying demand.

## Read by commodity

- CORN: bullish ▲
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-09-15 | [USDA report triggers corn and soybean price drop, wheat remai ...](https://feedsoft.ai/events/34044-usda-report-triggers-corn-and-soybean-price-drop-wheat-remai.md) | +0.1% | -1.6% |
| WHEAT | 2025-07-11 | [USDA Releases July 2025 WASDE Report \| Agriculture of America](https://feedsoft.ai/events/23709-usda-releases-july-2025-wasde-report-agriculture-of-america.md) | -2.3% | -2.1% |
| WHEAT | 2017-06-12 | [USDA Releases Latest WASDE Report](https://feedsoft.ai/events/70425-usda-releases-latest-wasde-report.md) | -0.5% | +0.3% |
| WHEAT | 2023-04-12 | [USDA Reports Confirm the Tight U.S. Wheat Balance Sheet](https://feedsoft.ai/events/36446-usda-reports-confirm-the-tight-u-s-wheat-balance-sheet.md) | +9.0% | -1.0% |
| WHEAT | 2024-06-18 | [USDA reports provide mixed signals for wheat market \| The Western Producer](https://feedsoft.ai/events/29802-usda-reports-provide-mixed-signals-for-wheat-market-the-western-producer.md) | -8.0% | -5.3% |
| CORN | 2023-10-13 | [What Was So Bullish About the October USDA Reports? - AgWeb](https://feedsoft.ai/events/33586-what-was-so-bullish-about-the-october-usda-reports-agweb.md) | +0.2% | -3.5% |
| CORN | 2021-10-01 | [Wheat Comes Out as Winner of USDA's Sept. 30 Reports](https://feedsoft.ai/events/44582-wheat-comes-out-as-winner-of-usda-s-sept-30-reports.md) | +0.7% | +3.7% |
| CORN | 2025-07-11 | [USDA Releases July 2025 WASDE Report \| Agriculture of America](https://feedsoft.ai/events/23709-usda-releases-july-2025-wasde-report-agriculture-of-america.md) | -0.7% | -1.5% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tcini-na-pshenitcyu-rizko-virosli-pislya-oprilyudnennya-zhovtnevogo-zvitu-usda.html

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