# Liquidation in KC Wheat Futures

> Kansas City wheat futures traded lower on a better chance of rain in HRW areas and a storm system over northern Kansas. Traders liquidated the long Chicago, short Kansas City spread, and USDA export sales were within expectations.

- Date: 2020-11-22 · published 2020-11-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50206-liquidation-in-kc-wheat-futures
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Improved rain prospects for HRW areas ease drought concerns and pressure KC wheat prices, though the moves are routine daily trading.

## Read by commodity

- KWHEAT: bearish ▼

## Sources

- agweb.com: https://www.agweb.com/opinion/liquidation-kc-wheat-futures

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