# ‘You Have To Remain An Optimist.’ Northwest Farmers Wrap Wheat Harvest As Prices Depress | Northwest News Network

> Northwest News Network reports that wheat farmers in the Northwest are finishing harvest while losing money on each load because of low prices. Farmers estimate losses to China trade since last year at about $430 million, and wheat futures fell about 30 cents after a USDA report projected large corn and wheat crops.

- Date: 2019-08-20 · published 2019-08-20T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/57623-you-have-to-remain-an-optimist-northwest-farmers-wrap-wheat-harvest-as-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Low prices and large expected crops reinforce bearish wheat pricing, and reduced export access to China weighs on demand for Pacific Northwest wheat. Feed buyers may see continued cheap wheat supplies.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-06-28 | [Asian feed wheat demand rises on Northern hemisphere harvest, improved weather](https://feedsoft.ai/events/29797-asian-feed-wheat-demand-rises-on-northern-hemisphere-harvest-improved-weather.md) | -2.2% | +3.1% |
| WHEAT | 2024-08-21 | [Australia, Argentina wheat harvest have high potential to impact U.S. wheat prices](https://feedsoft.ai/events/28851-australia-argentina-wheat-harvest-have-high-potential-to-impact-u-s-wheat-prices.md) | -1.4% | +2.3% |
| WHEAT | 2018-11-20 | [Wheat price held hostage to pace of Russian exports - Farmers Weekly](https://feedsoft.ai/events/62094-wheat-price-held-hostage-to-pace-of-russian-exports-farmers-weekly.md) | -0.7% | +4.1% |
| WHEAT | 2020-10-24 | [East coast wheat harvest signals an end to Western Australian grain imports - ABC News](https://feedsoft.ai/events/50603-east-coast-wheat-harvest-signals-an-end-to-western-australian-grain-imports-abc.md) | -0.9% | -5.0% |
| WHEAT | 2026-05-04 | [India resumes wheat exports after four years but high prices likely to limit demand - The Economic Times](https://feedsoft.ai/events/19226-india-resumes-wheat-exports-after-four-years-but-high-prices-likely-to-limit.md) | -2.7% | -0.5% |
| CORN | 2024-06-28 | [Asian feed wheat demand rises on Northern hemisphere harvest, improved weather](https://feedsoft.ai/events/29797-asian-feed-wheat-demand-rises-on-northern-hemisphere-harvest-improved-weather.md) | -0.3% | -0.9% |
| CORN | 2026-03-13 | [Grain prices surge: U.S. farmers rush to sell crops](https://feedsoft.ai/events/20190-grain-prices-surge-u-s-farmers-rush-to-sell-crops.md) | +4.1% | -0.9% |
| CORN | 2025-09-26 | [Soybeans edge higher on short covering, corn and wheat dip on harvest progress and global supply pressure - Brownfield Ag News](https://feedsoft.ai/events/22931-soybeans-edge-higher-on-short-covering-corn-and-wheat-dip-on-harvest-progress.md) | -1.9% | -1.3% |

## Sources

- nwnewsnetwork.org: https://www.nwnewsnetwork.org/food-agriculture-and-animals/2019-08-20/you-have-to-remain-an-optimist-northwest-farmers-wrap-wheat-harvest-as-prices-depress

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