# Will coronavirus create an opportunity for U.S. wheat, sunflowers?

> Russia and Ukraine said they would limit wheat exports during the pandemic, and Russia also reduced sunflower seed sales. US industry groups see the curbs as an opening for American wheat and sunflower sales to nervous buyers.

- Date: 2020-04-28 · published 2020-04-28T12:00:00.000Z
- Category: trade · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/53757-will-coronavirus-create-an-opportunity-for-u-s-wheat-sunflowers
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Export restrictions from Black Sea suppliers tighten global wheat availability and support prices, while US sales gains lift demand for US supplies.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-01-23 | [Good Market Opportunities For Old Crop Wheat \| Country 600 CJWW](https://feedsoft.ai/events/61145-good-market-opportunities-for-old-crop-wheat-country-600-cjww.md) | -0.3% | -2.7% |
| WHEAT | 2020-04-26 | [Exports of Russian wheat dry up, stoking food security concerns \| Coronavirus pandemic \| Al Jazeera](https://feedsoft.ai/events/53498-exports-of-russian-wheat-dry-up-stoking-food-security-concerns-coronavirus.md) | -0.5% | +0.4% |
| WHEAT | 2020-10-02 | [Wheat, Rice Prices Surge in Coronavirus Lockdown \| Feed & Grain](https://feedsoft.ai/events/50691-wheat-rice-prices-surge-in-coronavirus-lockdown-feed-and-grain.md) | +1.9% | +3.6% |
| WHEAT | 2016-12-15 | [U.S. Challenges China Anew Over Rice, Wheat, Corn Barriers](https://feedsoft.ai/events/73336-u-s-challenges-china-anew-over-rice-wheat-corn-barriers.md) | -1.0% | +1.6% |
| WHEAT | 2020-02-19 | [Supply, Quality and Price Support USDA Wheat Export Estimates - U.S. Wheat Associates](https://feedsoft.ai/events/54638-supply-quality-and-price-support-usda-wheat-export-estimates-u-s-wheat.md) | -1.6% | -0.8% |
| KWHEAT | 2020-02-19 | [Supply, Quality and Price Support USDA Wheat Export Estimates - U.S. Wheat Associates](https://feedsoft.ai/events/54638-supply-quality-and-price-support-usda-wheat-export-estimates-u-s-wheat.md) | -6.3% | -11.0% |
| KWHEAT | 2018-01-11 | [Sustained Demand for U.S. Wheat in a New Price Environment - U.S. Wheat Associates](https://feedsoft.ai/events/67015-sustained-demand-for-u-s-wheat-in-a-new-price-environment-u-s-wheat-associates.md) | -2.5% | +7.7% |
| KWHEAT | 2022-10-12 | [UPDATE 2-French Wheat Export Forecast Raised Amid Ukraine Corridor Uncertainty](https://feedsoft.ai/events/39063-update-2-french-wheat-export-forecast-raised-amid-ukraine-corridor-uncertainty.md) | -4.7% | -4.5% |

## Sources

- agweek.com: https://agweek.com/business/will-coronavirus-create-an-opportunity-for-u-s-wheat-sunflowers

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