# April WASDE shows impact of COVID-19 - High Plains Journal

> The April WASDE cut 2019-20 US wheat exports to 985 million bushels and reduced domestic use, leaving ending stocks at 970 million bushels. The season-average farm price was raised five cents to $4.60 a bushel. USDA also reported Russia imposed wheat export restrictions and global trade was lower.

- Date: 2020-04-10 · published 2020-04-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/53606-april-wasde-shows-impact-of-covid-19-high-plains-journal
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A higher season-average price and global trade restrictions support wheat values even with larger US carryout. Reduced export competitiveness may limit US sales to importers.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-04-15 | [Does $10 wheat mean more acres? - High Plains Journal](https://feedsoft.ai/events/41898-does-10-wheat-mean-more-acres-high-plains-journal.md) | -0.7% | +7.2% |
| WHEAT | 2022-05-29 | [Texas A&M Report Shows Impact of Higher Crop and Input Prices for 2022 - Cotton Grower](https://feedsoft.ai/events/41537-texas-a-and-m-report-shows-impact-of-higher-crop-and-input-prices-for-2022.md) | -2.1% | -3.9% |
| WHEAT | 2024-03-16 | [March 8 WASDE shows higher ending stocks, few chan... \| Grain \| NDA News AU](https://feedsoft.ai/events/31136-march-8-wasde-shows-higher-ending-stocks-few-chan-grain-nda-news-au.md) | +0.9% | +3.4% |
| WHEAT | 2020-01-10 | [High Plains Ag Week 1/10/2020 - Ag Economics on the Plains](https://feedsoft.ai/events/55025-high-plains-ag-week-1-10-2020-ag-economics-on-the-plains.md) | +0.7% | -4.1% |
| WHEAT | 2020-11-03 | [Grains, oilseeds prices six-year high: IGC - Grain Central](https://feedsoft.ai/events/50192-grains-oilseeds-prices-six-year-high-igc-grain-central.md) | +0.4% | -6.2% |
| KWHEAT | 2022-04-15 | [Does $10 wheat mean more acres? - High Plains Journal](https://feedsoft.ai/events/41898-does-10-wheat-mean-more-acres-high-plains-journal.md) | -1.0% | +8.6% |
| KWHEAT | 2026-04-20 | [Crop Progress: Corn 11% Planted, Soybeans 12% Planted, Winter Wheat Rated 30% Good to Excellent as of April 19](https://feedsoft.ai/events/13002-crop-progress-corn-11-planted-soybeans-12-planted-winter-wheat-rated-30-good-to.md) | +3.5% | +8.0% |
| KWHEAT | 2020-12-11 | [The Surprise Winner of WASDE Is Wheat](https://feedsoft.ai/events/49577-the-surprise-winner-of-wasde-is-wheat.md) | +1.3% | +5.6% |

## Sources

- hpj.com: https://hpj.com/2020/04/10/april-wasde-shows-impact-of-covid-19/

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