# Wheat price outlook: A lot of big IFs

> Oklahoma State economist Kim Anderson outlines conditions under which June 2019 Oklahoma and Texas wheat could reach $5.50 to $6.00. He cites record world wheat ending stocks of 10.3 billion bushels and a 2018 harvest with high protein and test weight.

- Date: 2018-11-16 · published 2018-11-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62085-wheat-price-outlook-a-lot-of-big-ifs
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Large carry-in stocks cap upside, but a shortage of milling-quality wheat could lift HRW prices if USDA balance sheets tighten.

## Read by commodity

- KWHEAT: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/wheat-price-outlook-a-lot-of-big-ifs

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