# CBOT wheat lifts amid export market uncertainty - Markets - Business Recorder

> U.S. wheat futures gained as port closures in Argentina from ongoing labor strikes threatened global wheat exports. Ukraine said it has no plans to add new export quotas after Russia moved to cap exports.

- Date: 2020-12-22 · published 2020-12-22T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/49689-cbot-wheat-lifts-amid-export-market-uncertainty-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Argentine port disruptions and Russian export caps tighten global wheat supply, supporting export prices for feed and milling wheat.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-12-23 | [Soybeans gain as South American supply falters - Markets - Business Recorder](https://feedsoft.ai/events/49494-soybeans-gain-as-south-american-supply-falters-markets-business-recorder.md) | +0.8% | +7.2% |
| WHEAT | 2024-03-25 | [Strike concerns curb Canadian wheat exports \| Latest Market News](https://feedsoft.ai/events/31234-strike-concerns-curb-canadian-wheat-exports-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2020-12-10 | [U.S. Wheat Export Basis to Remain High Until March 2021 - U.S. Wheat Associates](https://feedsoft.ai/events/49692-u-s-wheat-export-basis-to-remain-high-until-march-2021-u-s-wheat-associates.md) | -1.5% | +4.0% |
| WHEAT | 2018-06-28 | [Russia Taps Smaller Ports to Keep Up Record Wheat Export Pace - Bloomberg](https://feedsoft.ai/events/64375-russia-taps-smaller-ports-to-keep-up-record-wheat-export-pace-bloomberg.md) | -4.2% | +0.8% |
| WHEAT | 2023-02-10 | [Rouen's weekly wheat exports drop to 39,700 tonnes - Fastmarkets](https://feedsoft.ai/events/37326-rouen-s-weekly-wheat-exports-drop-to-39-700-tonnes-fastmarkets.md) | -2.5% | -9.0% |
| KWHEAT | 2020-12-10 | [U.S. Wheat Export Basis to Remain High Until March 2021 - U.S. Wheat Associates](https://feedsoft.ai/events/49692-u-s-wheat-export-basis-to-remain-high-until-march-2021-u-s-wheat-associates.md) | +2.0% | +8.1% |
| KWHEAT | 2020-06-24 | [Limited Elevation Capacity Supports Gulf Wheat Export Basis - U.S. Wheat Associates](https://feedsoft.ai/events/52645-limited-elevation-capacity-supports-gulf-wheat-export-basis-u-s-wheat-associates.md) | +0.1% | +3.1% |
| KWHEAT | 2022-03-09 | [Explainer: India's wheat exports surge as world prices soar \| Reuters](https://feedsoft.ai/events/42246-explainer-india-s-wheat-exports-surge-as-world-prices-soar-reuters.md) | -2.4% | -8.7% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40043742

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