# USDA WASDE predicts $4.70 average wheat price

> The May 2019 WASDE projects the 2019/20 U.S. wheat season-average farm price at $4.70 per bushel. Oklahoma and Texas prices are projected near $4.48 and $4.53 based on historical discounts. Forward contracts for Southern Plains harvest delivery were around $4.15.

- Date: 2019-05-24 · published 2019-05-24T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/59127-usda-wasde-predicts-4-70-average-wheat-price
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

The projection signals that producers should expect sub-$5 wheat, keeping pressure on wheat prices and on farm margins for the coming crop.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-07-22 | [CSIRO predicts well above average national wheat yield](https://feedsoft.ai/events/18309-csiro-predicts-well-above-average-national-wheat-yield.md) | -1.8% | +2.5% |
| WHEAT | 2021-01-14 | [USDA Predicts Increase in India’s Wheat, Rice Exports \| IASPOINT](https://feedsoft.ai/events/49095-usda-predicts-increase-in-india-s-wheat-rice-exports-iaspoint.md) | +1.4% | -5.0% |
| WHEAT | 2022-03-10 | [WASDE Predicts Increase in Wheat Stocks \| Red River Farm Network](https://feedsoft.ai/events/42244-wasde-predicts-increase-in-wheat-stocks-red-river-farm-network.md) | -3.3% | +4.6% |
| WHEAT | 2016-10-13 | [USDA WASDE Report at a Glance](https://feedsoft.ai/events/9407-usda-wasde-report-at-a-glance.md) | +1.7% | +1.4% |
| WHEAT | 2025-12-09 | [WASDE: USDA data gives corn prices a modest bump](https://feedsoft.ai/events/21443-wasde-usda-data-gives-corn-prices-a-modest-bump.md) | +0.0% | +0.7% |
| KWHEAT | 2018-01-12 | [WADSE wallops wheat prices](https://feedsoft.ai/events/66934-wadse-wallops-wheat-prices.md) | -2.9% | +5.7% |
| KWHEAT | 2025-05-14 | [USDA forecasts lower wheat, corn, sorghum prices for 2025/26](https://feedsoft.ai/events/24718-usda-forecasts-lower-wheat-corn-sorghum-prices-for-2025-26.md) | +6.8% | +4.8% |
| KWHEAT | 2025-09-30 | [Wheat Falling as USDA Raises Production](https://feedsoft.ai/events/22925-wheat-falling-as-usda-raises-production.md) | -2.5% | +1.2% |

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/usda-wasde-predicts-4-70-average-wheat-price

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