# Weekly Wheat Wonders: Prices Continue Down, Are Buyers Now More Interested? | CZ app

> Wheat prices kept falling over the past week on favourable crop weather worldwide and funds going short. Northern Hemisphere harvest has begun, with mixed yields in US HRW and SRW areas, and Egypt bought 240,000 tonnes in a tender.

- Date: 2020-06-19 · published 2020-06-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/52660-weekly-wheat-wonders-prices-continue-down-are-buyers-now-more-interested-cz-app
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Harvest pressure and record global stocks weigh on prices, though returning buyer tenders such as Egypt's could limit downside.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/weekly-wheat-wonders-prices-continue-down-are-buyers-now-more-interested/

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