# Win for farmers as 'toilet roll effect' hits wheat prices

> Australian reporting says wheat prices have surged as worldwide panic buying spreads. Concerns that major exporters Russia and Ukraine could withhold supply during the COVID-19 pandemic are cited as drivers.

- Date: 2020-03-26 · published 2020-03-26T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/54170-win-for-farmers-as-toilet-roll-effect-hits-wheat-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Export restriction fears from Russia and Ukraine would tighten global wheat supply and lift feed wheat costs for importers. Farmers benefit from the higher prices.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-02-25 | [UK wheat prices rise sharply in volatile market - Farmers Weekly](https://feedsoft.ai/events/6309-uk-wheat-prices-rise-sharply-in-volatile-market-farmers-weekly.md) | +9.4% | +23.7% |
| WHEAT | 2026-08-27 | [Wheat rallies as Black Sea exports stall - Farmers Weekly](https://feedsoft.ai/events/17950-wheat-rallies-as-black-sea-exports-stall-farmers-weekly.md) | +4.0% | +7.1% |
| WHEAT | 2022-09-30 | [Rabo ups wheat price forecasts amid Ukraine export fears, lifts robusta hopes too - Grain Price News](https://feedsoft.ai/events/39632-rabo-ups-wheat-price-forecasts-amid-ukraine-export-fears-lifts-robusta-hopes.md) | +0.4% | -10.7% |
| WHEAT | 2023-11-22 | [Wheat prices jump as Russia targets Ukrainian grain supplies](https://feedsoft.ai/events/12252-wheat-prices-jump-as-russia-targets-ukrainian-grain-supplies.md) | -0.4% | -1.2% |
| WHEAT | 2022-07-25 | [Wheat prices rise as missile strike threatens Ukraine export pact](https://feedsoft.ai/events/40525-wheat-prices-rise-as-missile-strike-threatens-ukraine-export-pact.md) | -9.5% | -0.1% |
| KWHEAT | 2022-09-30 | [Rabo ups wheat price forecasts amid Ukraine export fears, lifts robusta hopes too - Grain Price News](https://feedsoft.ai/events/39632-rabo-ups-wheat-price-forecasts-amid-ukraine-export-fears-lifts-robusta-hopes.md) | -0.2% | -3.6% |
| KWHEAT | 2022-07-25 | [Wheat prices rise as missile strike threatens Ukraine export pact](https://feedsoft.ai/events/40525-wheat-prices-rise-as-missile-strike-threatens-ukraine-export-pact.md) | +6.6% | +3.0% |
| KWHEAT | 2022-02-23 | [Winter Wheat Prices Touch 9-Year High on Russia, Ukraine Fears - Bloomberg](https://feedsoft.ai/events/42748-winter-wheat-prices-touch-9-year-high-on-russia-ukraine-fears-bloomberg.md) | +14.8% | +26.6% |

## Sources

- afr.com: https://www.afr.com/companies/agriculture/farmers-win-as-toilet-roll-effect-hits-wheat-markets-20200326-p54e40

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