# Wheat exports, the key to higher prices

> US hard red winter and hard red spring wheat export sales are well behind last year's pace, with HRW sales down 36 percent. USDA projects 2018/19 hard wheat exports to be similar or higher than last year, which the analyst argues requires a pickup in export demand. Russian sellers are shipping aggressively ahead of possible Russian export restrictions.

- Date: 2018-10-18 · published 2018-10-18T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/62623-wheat-exports-the-key-to-higher-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

If USDA export projections are to be met, sales must accelerate, which would support US wheat prices; the current lag weighs on the market.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-05-16 | [Explained: How rice and wheat exports hit a record high \| Explained News - The Indian Express](https://feedsoft.ai/events/47049-explained-how-rice-and-wheat-exports-hit-a-record-high-explained-news-the.md) | -1.3% | -4.1% |
| WHEAT | 2017-03-24 | [USDA exports – Corn, soybean, wheat sales up for the week](https://feedsoft.ai/events/71846-usda-exports-corn-soybean-wheat-sales-up-for-the-week.md) | +2.3% | +1.5% |
| WHEAT | 2022-03-21 | [Russia exports more wheat via Black Sea, domestic grain prices rise](https://feedsoft.ai/events/6244-russia-exports-more-wheat-via-black-sea-domestic-grain-prices-rise.md) | +15.8% | +5.9% |
| WHEAT | 2025-11-17 | [Australia details year to September wheat, durum exports](https://feedsoft.ai/events/21921-australia-details-year-to-september-wheat-durum-exports.md) | +1.7% | +1.3% |
| WHEAT | 2024-02-02 | [Much Ado About Chicago Wheat Prices](https://feedsoft.ai/events/31706-much-ado-about-chicago-wheat-prices.md) | -1.6% | -8.9% |
| KWHEAT | 2017-09-29 | [EU wheat eases after U.S. data, Algeria tender gives export boost](https://feedsoft.ai/events/8734-eu-wheat-eases-after-u-s-data-algeria-tender-gives-export-boost.md) | -4.1% | -5.5% |
| KWHEAT | 2019-02-01 | [How Russia and Ukraine took over the wheat market](https://feedsoft.ai/events/60647-how-russia-and-ukraine-took-over-the-wheat-market.md) | -0.6% | -11.7% |
| KWHEAT | 2022-07-21 | [Precipitation in the EU and the USA and the possible unblocking of Ukrainian ports increase the pressure on wheat prices 21.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40541-precipitation-in-the-eu-and-the-usa-and-the-possible-unblocking-of-ukrainian.md) | -1.0% | -2.2% |

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/wheat-exports-the-key-to-higher-prices

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