# No other way to spin the wheat story

> Oklahoma State analyst Kim Anderson says Oklahoma and Texas wheat prices were around $4.18 to $4.46 per bushel in mid-July and that a move to $5.00 by January has about a one-in-three chance. The main bearish factors are competition from Black Sea exporters, record world production, and weak protein and test weight.

- Date: 2019-07-18 · published 2019-07-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58148-no-other-way-to-spin-the-wheat-story
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Black Sea export competition and record world supply cap US hard red winter wheat prices, which keeps feed wheat cheap relative to corn for buyers.

## Read by commodity

- KWHEAT: bearish ▼

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/no-other-way-to-spin-the-wheat-story

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