# Tight Exportable Supplies, Elevation Capacity Prop Up SRW Export Prices - U.S. Wheat Associates

> Gulf SRW export prices rose 16% between June 26 and July 17 to $239/MT. Planted SRW area fell 13% in Illinois and 12% in Missouri, and export elevation capacity is being competed for by surging soybean and corn exports.

- Date: 2020-07-21 · published 2020-07-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52145-tight-exportable-supplies-elevation-capacity-prop-up-srw-export-prices-u-s
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tight Mississippi-area SRW supplies and limited Gulf elevator space support export wheat prices, which lifts feed wheat values relative to corn.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: bullish ▲

## Sources

- uswheat.org: https://uswheat.org/wheatletter/tight-exportable-supplies-elevation-capacity-prop-up-srw-export-prices/

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