# Wheat Bulls Trying to Find Footing on Friday

> Wheat futures were modestly higher on Friday, with Chicago SRW up 1 to 2.5 cents, despite a merchant vessel being struck in the Black Sea and Russian missile strikes on Kyiv. USDA export commitments were 10.77 MMT, down 32% year on year.

- Date: 2026-10-23 · published 2026-10-23T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/446-wheat-bulls-trying-to-find-footing-on-friday
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Export commitments running well behind last year and the 5-year pace weigh on US wheat demand and cap upside for feed wheat.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral
- OCEANFRT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-03-25 | [French wheat planting slows, but ahead of last year \| Latest Market News](https://feedsoft.ai/events/31151-french-wheat-planting-slows-but-ahead-of-last-year-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2020-11-06 | [French soft wheat sowing 76% complete by Nov. 2 \| Financial Post](https://feedsoft.ai/events/50098-french-soft-wheat-sowing-76-complete-by-nov-2-financial-post.md) | +0.0% | -6.3% |
| WHEAT | 2022-11-21 | [French wheat, barley in good shape as sowing nears end](https://feedsoft.ai/events/38608-french-wheat-barley-in-good-shape-as-sowing-nears-end.md) | +0.2% | -2.4% |
| WHEAT | 2019-08-11 | [Wheat prices to remain range-bound - The HinduBusinessLine](https://feedsoft.ai/events/57542-wheat-prices-to-remain-range-bound-the-hindubusinessline.md) | -0.1% | -2.9% |
| WHEAT | 2019-11-22 | [Wheat production, trade rising: IGC - Grain Central](https://feedsoft.ai/events/55997-wheat-production-trade-rising-igc-grain-central.md) | +1.6% | -0.7% |
| KWHEAT | 2023-04-12 | [The USDA raised its consumption forecast and lowered its estimate of wheat stocks, but prices continued to fall](https://feedsoft.ai/events/36464-the-usda-raised-its-consumption-forecast-and-lowered-its-estimate-of-wheat.md) | +1.5% | +4.4% |
| KWHEAT | 2023-10-27 | [Why Wheat Prices are Due for a Rebound](https://feedsoft.ai/events/33648-why-wheat-prices-are-due-for-a-rebound.md) | -2.0% | -8.1% |
| KWHEAT | 2019-02-12 | [Wheat markets becalmed in spite of low plantings \| Farm Online \| ACT](https://feedsoft.ai/events/60649-wheat-markets-becalmed-in-spite-of-low-plantings-farm-online-act.md) | -6.7% | -11.7% |

## Sources

- finance.yahoo.com: https://finance.yahoo.com/markets/commodities/articles/wheat-bulls-trying-footing-friday-171827031.html

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