# Smaller Supplies, Strong Demand Influence Wheat Market | Red River Farm Network

> A Red River Farm Network analyst said spring wheat production estimates kept falling because of heat stress, and that USDA may not have fully accounted for abandonment in the northern US. He described a tight supply of high-quality protein milling wheat, with other wheat classes beginning to follow.

- Date: 2021-07-18 · published 2021-07-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46136-smaller-supplies-strong-demand-influence-wheat-market-red-river-farm-network
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A tightening supply of high-protein wheat and spreading strength across classes support wheat prices and bid up milling-quality grain.

## Read by commodity

- WHEAT: bullish ▲

## Sources

- rrfn.com: https://www.rrfn.com/2021/07/18/smaller-supplies-strong-demand-influence-wheat-market/

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