# Wheat Rallies Back Higher on Thursday

> Wheat closed higher across the three US exchanges on Thursday, with KC HRW up 13 to 15 cents. Weekly export sales showed the second-largest purchase of the marketing year at 783,416 MT, above trade estimates, and total commitments were up 15% from last year. Strategie Grains trimmed its EU wheat crop estimate and IKAR cut its Russian export forecast by 1.5 million mt to 41 million mt.

- Date: 2025-03-13 · published 2025-03-13T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/5624-wheat-rallies-back-higher-on-thursday
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Strong US export demand and reduced Russian export forecasts support wheat prices by shifting demand toward non-Black Sea origins. A smaller EU crop estimate also supports the global price outlook.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-10-29 | [Wheat Rallies on China Interest Pulling Corn Along and Bottoming the Market?](https://feedsoft.ai/events/1978-wheat-rallies-on-china-interest-pulling-corn-along-and-bottoming-the-market.md) | -0.4% | — |
| WHEAT | 2018-07-24 | [Due to higher prices, Russia increases wheat export](https://feedsoft.ai/events/63888-due-to-higher-prices-russia-increases-wheat-export.md) | -1.0% | -0.2% |
| WHEAT | 2021-02-14 | [Export boom leads to higher wheat prices for area farmers](https://feedsoft.ai/events/9250-export-boom-leads-to-higher-wheat-prices-for-area-farmers.md) | +9.4% | +9.0% |
| WHEAT | 2023-03-24 | [GRAINS-Soy at 5-month low on big Brazil crop, wheat rallies on Black Sea doubts \| Kitco News](https://feedsoft.ai/events/36887-grains-soy-at-5-month-low-on-big-brazil-crop-wheat-rallies-on-black-sea-doubts.md) | +11.4% | +4.2% |
| WHEAT | 2025-11-03 | [CBOT wheat ends higher on hopes of China demand, technical buying — TradingView News](https://feedsoft.ai/events/21997-cbot-wheat-ends-higher-on-hopes-of-china-demand-technical-buying-tradingview.md) | -3.6% | -4.6% |
| KWHEAT | 2023-03-24 | [GRAINS-Soy at 5-month low on big Brazil crop, wheat rallies on Black Sea doubts \| Kitco News](https://feedsoft.ai/events/36887-grains-soy-at-5-month-low-on-big-brazil-crop-wheat-rallies-on-black-sea-doubts.md) | +6.3% | +2.6% |
| KWHEAT | 2025-11-03 | [CBOT wheat ends higher on hopes of China demand, technical buying — TradingView News](https://feedsoft.ai/events/21997-cbot-wheat-ends-higher-on-hopes-of-china-demand-technical-buying-tradingview.md) | -1.0% | -1.4% |
| KWHEAT | 2026-07-10 | [US Plains HRW Wheat-Basis flat, futures rally spurs farmer sales](https://feedsoft.ai/events/7340-us-plains-hrw-wheat-basis-flat-futures-rally-spurs-farmer-sales.md) | +11.6% | +9.0% |

## Sources

- barchart.com: https://www.barchart.com/story/news/31398361/wheat-rallies-back-higher-on-thursday

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