# What’s going on in the wheat market?

> Wheat importers are buying ahead, with market concern focused on HRW supply for the 2021/22 marketing year. Record world wheat production and ending stocks are projected for 2020/21, while Black Sea prices have risen.

- Date: 2020-10-22 · published 2020-10-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/50677-what-s-going-on-in-the-wheat-market
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Despite record global supplies, forward buying and tight Black Sea export supplies are lifting prices, which pressures feed-wheat costs.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/what-s-going-on-in-the-wheat-market-

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