# Higher wheat prices: But when?

> The analyst argues that US hard red winter wheat use is projected to exceed production by 178 million bushels in 2018/19, leaving ending stocks with low protein. Foreign wheat consumption is projected to exceed foreign production by 1.6 billion bushels. Two reasons are given for expecting 2019/20 prices of $5.75 or higher: a milling quality shortage and high-protein, high-test-weight requirements.

- Date: 2018-10-04 · published 2018-10-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62627-higher-wheat-prices-but-when
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A projected tight supply of high-quality milling wheat supports higher wheat prices, especially for protein-rich hard red classes.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/higher-wheat-prices-but-when-

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