# Surging Corn Prices Put US Wheat Back in the Feed Trough - TT

> Surging corn prices have narrowed wheat's premium, so hard red winter wheat is being sold to cattle and hog feeders for July to September shipment. USDA recently projected about 140 million bushels of wheat for domestic feed and residual use in the 2019/20 season, nearly triple last year.

- Date: 2019-06-26 · published 2019-06-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58619-surging-corn-prices-put-us-wheat-back-in-the-feed-trough-tt
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Wheat substituting for corn in feed rations raises feed wheat demand and supports wheat prices while corn remains tight.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- ttnews.com: https://www.ttnews.com/articles/surging-corn-prices-put-us-wheat-back-feed-trough

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