# A page of good news for wheat growers - Brownfield Ag News

> US Wheat Associates said China bought 12.5 million bushels of hard red winter wheat, its largest sale since retaliatory tariffs in March 2018, and then bought another 17.8 million bushels for current and next marketing years. Domestic demand for bread, flour and pasta has also risen.

- Date: 2020-03-30 · published 2020-03-30T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/54175-a-page-of-good-news-for-wheat-growers-brownfield-ag-news
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Large Chinese purchases and stronger US retail demand tighten exportable wheat supplies and support HRW prices, though the sustainability of the demand spike is uncertain.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2018-03-22 | [No hike in Indian wheat tariff good news for Australia - Grain Central](https://feedsoft.ai/events/65967-no-hike-in-indian-wheat-tariff-good-news-for-australia-grain-central.md) | -1.0% | +6.4% |
| KWHEAT | 2018-05-22 | [Dry weather and better trade news strengthen soybeans, grains - Brownfield Ag News](https://feedsoft.ai/events/10840-dry-weather-and-better-trade-news-strengthen-soybeans-grains-brownfield-ag-news.md) | +5.7% | -8.3% |
| KWHEAT | 2017-03-22 | [Soybeans mostly lower, corn down, watching South America - Brownfield Ag News](https://feedsoft.ai/events/10726-soybeans-mostly-lower-corn-down-watching-south-america-brownfield-ag-news.md) | -3.3% | -4.9% |
| KWHEAT | 2022-03-31 | [Wheat exporters jockey for lucrative Egypt gap \| India News](https://feedsoft.ai/events/42249-wheat-exporters-jockey-for-lucrative-egypt-gap-india-news.md) | +3.9% | +8.8% |
| KWHEAT | 2020-03-23 | [Major Chinese Purchase of U.S. Wheat - Northern Ag Network](https://feedsoft.ai/events/54179-major-chinese-purchase-of-u-s-wheat-northern-ag-network.md) | +3.8% | +5.6% |
| WHEAT | 2018-09-14 | [Wheat manages week to week gains - Brownfield Ag News](https://feedsoft.ai/events/63071-wheat-manages-week-to-week-gains-brownfield-ag-news.md) | -5.8% | -6.1% |
| WHEAT | 2016-11-08 | [Corn, soybeans, wheat up ahead of USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/8305-corn-soybeans-wheat-up-ahead-of-usda-numbers-brownfield-ag-news.md) | +1.1% | -0.1% |
| WHEAT | 2021-01-26 | [Rally continues for soybeans, corn, wheat - Brownfield Ag News](https://feedsoft.ai/events/4062-rally-continues-for-soybeans-corn-wheat-brownfield-ag-news.md) | -9.4% | -0.2% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/a-page-of-good-news-for-wheat-growers/

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