# Protein push for world wheat | Farm Online | ACT

> World wheat buyers are seeking high-protein wheat, pushing prices for high-protein classes to near decade highs. Minneapolis wheat futures hit US$10 a bushel for the first time in nearly a decade, and Kansas City premiums over Chicago reached three-year highs. Australian wheat prices are firm, with H2 delivered Kwinana around A$385/t.

- Date: 2021-10-27 · published 2021-10-27T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/44594-protein-push-for-world-wheat-farm-online-act
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Tight high-protein supply from dry US Plains and Black Sea planting conditions supports wheat prices globally, and feed buyers face higher wheat costs and competition for supplies.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/7486328/protein-push-for-world-wheat/

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