# US wheat futures drop on fear of trade fight with Mexico — Washington Wheat Foundation

> US wheat futures fell on May 31 after failing to extend a 3.5-month high, amid technical selling and concerns over trade with Mexico, the top buyer of US wheat. The benchmark CBOT soft red winter contract had hit $5.21-1/4 earlier that week.

- Date: 2019-06-03 · published 2019-06-03T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/58620-us-wheat-futures-drop-on-fear-of-trade-fight-with-mexico-washington-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Trade tension with Mexico threatens a key export outlet, adding downside pressure to US wheat prices.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-06-03 | [US wheat futures fall](https://feedsoft.ai/events/58651-us-wheat-futures-fall.md) | +9.6% | +15.1% |
| WHEAT | 2025-03-04 | [U.S. grains: Corn, wheat, soy futures slide as trade tensions flare](https://feedsoft.ai/events/8145-u-s-grains-corn-wheat-soy-futures-slide-as-trade-tensions-flare.md) | +0.1% | +2.8% |
| WHEAT | 2019-10-23 | [Why aren't UK wheat futures following US trends? Grain Market Daily \| AHDB](https://feedsoft.ai/events/56604-why-aren-t-uk-wheat-futures-following-us-trends-grain-market-daily-ahdb.md) | -0.4% | +5.9% |
| WHEAT | 2019-02-27 | [US wheat futures tumble \| The Land \| NSW](https://feedsoft.ai/events/6772-us-wheat-futures-tumble-the-land-nsw.md) | +1.3% | +5.4% |
| WHEAT | 2026-09-21 | [Drought and Global Competition Are Weighing on US Wheat Exports](https://feedsoft.ai/events/17525-drought-and-global-competition-are-weighing-on-us-wheat-exports.md) | +3.5% | +0.7% |
| KWHEAT | 2019-06-03 | [US wheat futures fall](https://feedsoft.ai/events/58651-us-wheat-futures-fall.md) | -5.1% | -4.5% |
| KWHEAT | 2019-10-23 | [Why aren't UK wheat futures following US trends? Grain Market Daily \| AHDB](https://feedsoft.ai/events/56604-why-aren-t-uk-wheat-futures-following-us-trends-grain-market-daily-ahdb.md) | -0.5% | +1.1% |
| KWHEAT | 2026-09-21 | [Drought and Global Competition Are Weighing on US Wheat Exports](https://feedsoft.ai/events/17525-drought-and-global-competition-are-weighing-on-us-wheat-exports.md) | -2.8% | -10.2% |

## Sources

- wawheat.net: https://www.wawheat.net/news-1/us-wheat-futures-drop-on-fear-of-trade-fight-with-mexico

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