# Wheat prices: locked and loaded

> Oklahoma State economist Kim Anderson argues that USDA WASDE projections show 2018/19 wheat use exceeding production, leaving quality milling wheat tight. He says the market could be positioned for significantly higher prices if a price target and buyer emerge.

- Date: 2018-12-06 · published 2018-12-06T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/61614-wheat-prices-locked-and-loaded
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Projected global wheat use above production would tighten exporter supplies and push importers toward US HRW and HRS wheat, supporting prices.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2019-07-11 | [Global Wheat Stocks Revised Lower, Boosting Prices](https://feedsoft.ai/events/58151-global-wheat-stocks-revised-lower-boosting-prices.md) | +0.1% | -5.3% |
| KWHEAT | 2017-07-05 | [Wheat prices catch fire \| Farm Online \| ACT](https://feedsoft.ai/events/6182-wheat-prices-catch-fire-farm-online-act.md) | -0.0% | -14.0% |
| KWHEAT | 2022-06-10 | [June WASDE: More hard red wheat losses push up prices](https://feedsoft.ai/events/40895-june-wasde-more-hard-red-wheat-losses-push-up-prices.md) | -0.5% | -20.2% |
| KWHEAT | 2021-12-10 | [USDA: wheat prices 10.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/43638-usda-wheat-prices-10-12-2021-ukragroconsult.md) | +1.2% | -2.5% |
| KWHEAT | 2018-06-28 | [Strong Demand Pushes Global Wheat Prices Higher - U.S. Wheat Associates](https://feedsoft.ai/events/64554-strong-demand-pushes-global-wheat-prices-higher-u-s-wheat-associates.md) | +4.7% | +16.0% |
| WHEAT | 2019-07-11 | [Global Wheat Stocks Revised Lower, Boosting Prices](https://feedsoft.ai/events/58151-global-wheat-stocks-revised-lower-boosting-prices.md) | +0.4% | -2.7% |
| WHEAT | 2017-07-05 | [Wheat prices catch fire \| Farm Online \| ACT](https://feedsoft.ai/events/6182-wheat-prices-catch-fire-farm-online-act.md) | -0.9% | +0.4% |
| WHEAT | 2022-05-17 | [WHEAT SCOOPS: What to do about volatile wheat prices](https://feedsoft.ai/events/41452-wheat-scoops-what-to-do-about-volatile-wheat-prices.md) | -2.8% | -3.7% |

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/wheat-prices-locked-and-loaded

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