# Pandemic Adds Pressure to U.S. Wheat Prices | Texas Wheat

> U.S. wheat export prices and CBOT, KCBT and MGEX futures fell between late January and mid-March 2020, with SRW futures down 12% and HRW down 11%. The article says the COVID-19 pandemic has added further pressure to U.S. wheat futures and export prices.

- Date: 2020-03-18 · published 2020-03-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6104-pandemic-adds-pressure-to-u-s-wheat-prices-texas-wheat
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower futures and FOB export prices make U.S. wheat cheaper as a feed ingredient, while weak global demand expectations keep pressure on the complex.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- texaswheat.org: https://texaswheat.org/pandemic-adds-pressure-to-u-s-wheat-prices/
- uswheat.org: https://uswheat.org/wheatletter/pandemic-adds-pressure-to-u-s-wheat-prices/

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