# IGC Data Shows U.S. Wheat Prices in a Rare Position - U.S. Wheat Associates

> IGC data shows U.S. wheat now offers better value than major competitor origins as of Nov. 22, with SRW at $216/MT, $10 below Russian 4th Grade. Shrinking high-quality supplies in Australia, the EU, Russia and Ukraine have lifted their export prices while U.S. fob prices slipped about 8%.

- Date: 2018-11-27 · published 2018-11-27T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/62068-igc-data-shows-u-s-wheat-prices-in-a-rare-position-u-s-wheat-associates
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Price convergence is pulling import demand toward U.S. wheat from price-sensitive buyers, which supports U.S. wheat export prices and feed-wheat competitiveness versus corn.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-01-11 | [Sustained Demand for U.S. Wheat in a New Price Environment - U.S. Wheat Associates](https://feedsoft.ai/events/67015-sustained-demand-for-u-s-wheat-in-a-new-price-environment-u-s-wheat-associates.md) | -0.4% | +6.0% |
| WHEAT | 2020-02-19 | [Supply, Quality and Price Support USDA Wheat Export Estimates - U.S. Wheat Associates](https://feedsoft.ai/events/54638-supply-quality-and-price-support-usda-wheat-export-estimates-u-s-wheat.md) | -1.6% | -0.8% |
| WHEAT | 2017-09-07 | [U.S. Wheat Sales on Pace to Match 5-Year Average - U.S. Wheat Associates](https://feedsoft.ai/events/68999-u-s-wheat-sales-on-pace-to-match-5-year-average-u-s-wheat-associates.md) | +2.7% | +2.1% |
| WHEAT | 2020-01-06 | [Mid-Year Report: U.S. Wheat Export Pace Ahead of Last Year - U.S. Wheat Associates](https://feedsoft.ai/events/55125-mid-year-report-u-s-wheat-export-pace-ahead-of-last-year-u-s-wheat-associates.md) | +1.7% | -2.7% |
| WHEAT | 2025-09-16 | [Asia Millers Buy More U.S. Wheat on Competitive Prices, Black Sea Delays](https://feedsoft.ai/events/8334-asia-millers-buy-more-u-s-wheat-on-competitive-prices-black-sea-delays.md) | +0.3% | +1.5% |
| CORN | 2023-09-25 | [Terrain \| Cheap Russian Wheat Puts Lid on U.S. Wheat Prices](https://feedsoft.ai/events/34145-terrain-cheap-russian-wheat-puts-lid-on-u-s-wheat-prices.md) | -0.3% | +1.6% |
| CORN | 2021-07-14 | [U.S. positioned for slowdown in China's pork demand](https://feedsoft.ai/events/46077-u-s-positioned-for-slowdown-in-china-s-pork-demand.md) | -9.8% | -13.0% |
| CORN | 2019-12-18 | [U.S. grains: Prices slip after rallying on trade deal - Grainews](https://feedsoft.ai/events/9218-u-s-grains-prices-slip-after-rallying-on-trade-deal-grainews.md) | -0.1% | -1.9% |

## Sources

- uswheat.org: https://uswheat.org/wheatletter/igc-data-shows-u-s-wheat-prices-in-a-rare-position/

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