# Wheat commission worries about losing Japanese market share

> The North Dakota Wheat Commission says the CPTPP trade deal, which the US is not part of, will give Japan's other suppliers a $0.38 per bushel price advantage on hard red spring wheat from April 1. That gap could widen to nearly $2 per bushel by 2026 as tariffs decline.

- Date: 2019-03-12 · published 2019-03-12T12:00:00.000Z
- Category: trade · region Japan · magnitude medium
- Page: https://feedsoft.ai/events/60147-wheat-commission-worries-about-losing-japanese-market-share
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Preferential tariffs in Japan could shift export flows away from US wheat, modestly bearish for US wheat prices and export demand.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-01-29 | [Russia is strong competitor for wheat markets](https://feedsoft.ai/events/67027-russia-is-strong-competitor-for-wheat-markets.md) | +0.2% | +2.1% |
| WHEAT | 2024-12-20 | [World grain market: Wheat fell, while corn and soybeans rose on Thursday](https://feedsoft.ai/events/26986-world-grain-market-wheat-fell-while-corn-and-soybeans-rose-on-thursday.md) | +2.2% | -0.2% |
| WHEAT | 2023-09-25 | [Explainer: Why are Russian export prices roiling the wheat market? \| Reuters](https://feedsoft.ai/events/34139-explainer-why-are-russian-export-prices-roiling-the-wheat-market-reuters.md) | -2.7% | -1.3% |
| WHEAT | 2019-02-23 | [Wheat Markets Continue to Sell Off](https://feedsoft.ai/events/6773-wheat-markets-continue-to-sell-off.md) | -3.6% | +0.5% |
| WHEAT | 2025-03-06 | [What’s driving global wheat markets? Grain market daily \| AHDB](https://feedsoft.ai/events/12566-what-s-driving-global-wheat-markets-grain-market-daily-ahdb.md) | -0.0% | +2.9% |
| KWHEAT | 2018-01-29 | [Russia is strong competitor for wheat markets](https://feedsoft.ai/events/67027-russia-is-strong-competitor-for-wheat-markets.md) | +4.6% | +7.8% |
| KWHEAT | 2024-12-20 | [World grain market: Wheat fell, while corn and soybeans rose on Thursday](https://feedsoft.ai/events/26986-world-grain-market-wheat-fell-while-corn-and-soybeans-rose-on-thursday.md) | +2.1% | +5.9% |
| KWHEAT | 2023-09-25 | [Explainer: Why are Russian export prices roiling the wheat market? \| Reuters](https://feedsoft.ai/events/34139-explainer-why-are-russian-export-prices-roiling-the-wheat-market-reuters.md) | -6.7% | -5.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/wheat-commission-worries-about-losing-japanese-market-share

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