# Wheat is priced as a feed grain

> Oklahoma State analyst Kim Anderson notes wheat is trading as a feed grain, with HRW feed value about 106% of corn. Perryton wheat was $6.49 versus $7.31 for corn, and the KC July wheat futures were $6.52 against $6.64 for December.

- Date: 2021-05-27 · published 2021-05-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47138-wheat-is-priced-as-a-feed-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

With wheat priced near or below corn, feed mills are substituting wheat into rations, which supports wheat demand and ties its price to corn direction.

## Read by commodity

- CORN: neutral
- KWHEAT: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/wheat-scoops-wheat-is-priced-as-a-feed-grain

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