# High Plains Ag Week 3/27/2020 - Ag Economics on the Plains

> Wheat has seen more price support than most commodities during the pandemic, with KC July wheat rallying last week and continuing through the current week. A large weekly export sales report showed strong buying, led by China, while retail demand for pasta, bread and frozen foods surged.

- Date: 2020-03-27 · published 2020-03-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54180-high-plains-ag-week-3-27-2020-ag-economics-on-the-plains
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Export demand from China and short-term speculative buying support KC wheat prices, though the advisor notes the rally may be technical and short-lived.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- agrilife.org: https://agrilife.org/agecon/high-plains-ag-week-3-27-2020/

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