# High Plains Ag Week 10/18/2021 – Wheat Market Update - Ag Economics on the Plains

> A Texas AgriLife market update reviews fall wheat conditions, global supply and drought impacts on production. It notes Kansas HRW cash prices have decoupled from corn since mid-July as wheat fundamentals, including sharply lower US ending stocks, drive prices higher.

- Date: 2021-10-18 · published 2021-10-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44595-high-plains-ag-week-10-18-2021-wheat-market-update-ag-economics-on-the-plains
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower US wheat ending stocks and drought in the Plains tighten supply, supporting HRW prices and raising feed wheat costs.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- agrilife.org: https://agrilife.org/agecon/high-plains-ag-week-10-11-2021-wheat-market-update/

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