# Wheat markets becalmed in spite of low plantings | Farm Online | ACT

> US winter wheat plantings were estimated down 3.8% to about 13.15 million hectares in the February WASDE, the lowest since 1909. Rising stocks outside China and a raised Russian production forecast offset the planting news and kept wheat markets flat.

- Date: 2019-02-12 · published 2019-02-12T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/60649-wheat-markets-becalmed-in-spite-of-low-plantings-farm-online-act
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Lower US winter wheat area is supportive, but larger Russian output and higher stocks cap price gains.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-03-25 | [French wheat planting slows, but ahead of last year \| Latest Market News](https://feedsoft.ai/events/31151-french-wheat-planting-slows-but-ahead-of-last-year-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2019-08-13 | [USDA springs further surprise in crop report \| Farm Online \| ACT](https://feedsoft.ai/events/11740-usda-springs-further-surprise-in-crop-report-farm-online-act.md) | -1.7% | -3.9% |
| WHEAT | 2024-11-22 | [Winter wheat planting in France surpasses historical pace: Grain market daily \| AHDB](https://feedsoft.ai/events/27353-winter-wheat-planting-in-france-surpasses-historical-pace-grain-market-daily.md) | -0.2% | +0.2% |
| WHEAT | 2020-03-02 | [Cropping to lead the way in ag comeback \| Farm Online \| ACT](https://feedsoft.ai/events/54102-cropping-to-lead-the-way-in-ag-comeback-farm-online-act.md) | -0.1% | -4.3% |
| WHEAT | 2017-04-20 | [March Planting Intentions and Market Impact](https://feedsoft.ai/events/71564-march-planting-intentions-and-market-impact.md) | +1.3% | +0.1% |
| KWHEAT | 2023-01-27 | [Wheat Market Monitor with OSU’S Kim Anderson - Oklahoma Farm Report](https://feedsoft.ai/events/37831-wheat-market-monitor-with-osu-s-kim-anderson-oklahoma-farm-report.md) | +1.9% | -2.7% |
| KWHEAT | 2019-02-01 | [Farming News - Weekly update on the markets - Brexit & weather dominate](https://feedsoft.ai/events/60902-farming-news-weekly-update-on-the-markets-brexit-and-weather-dominate.md) | -0.6% | -11.7% |
| KWHEAT | 2023-04-12 | [The USDA raised its consumption forecast and lowered its estimate of wheat stocks, but prices continued to fall](https://feedsoft.ai/events/36464-the-usda-raised-its-consumption-forecast-and-lowered-its-estimate-of-wheat.md) | +1.5% | +4.4% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/5901316/wheat-markets-becalmed-in-spite-of-low-plantings/

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