# Farming News - Wheat market update

> US wheat prices fell $6 per tonne on the week as the harvest produced higher-than-expected yields. Russia's crop estimate was trimmed to 78 million tonnes, and EU and German harvests are progressing with strong output.

- Date: 2019-07-22 · published 2019-07-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/58137-farming-news-wheat-market-update
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Heavy northern hemisphere harvest pressure and larger-than-expected yields keep export prices under pressure, though weather-related Russian cuts limit the downside.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- farming.co.uk: https://farming.co.uk/news/-wheat-market-update

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