# December 12, 2019 – Cascade Commodity Consulting LLC – Cash Wheat Report – Oregon City, OR –

> USDA reported net wheat sales of 502,700 metric tons for 2019/2020, up sharply from the prior week and 33% above the 4-week average, led by Japan, the Philippines, Thailand and Indonesia. Export sales pace remains behind last year's and the five-year average as a share of demand forecasts. The CPC also issued its latest ENSO report.

- Date: 2019-12-13 · published 2019-12-13T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/6294-december-12-2019-cascade-commodity-consulting-llc-cash-wheat-report-oregon-city
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Strong buying from Asian importers supports US wheat demand, but HRW remains uncompetitive after a 12-cent futures rally versus Russian and Argentine supplies. Price support is firm while the export pace lags.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-12-08 | [Wheat, corn and soybean highlights of USDA’s December WASDE report \| The Mighty 790 KFGO \| KFGO](https://feedsoft.ai/events/32639-wheat-corn-and-soybean-highlights-of-usda-s-december-wasde-report-the-mighty.md) | -4.0% | +1.2% |
| WHEAT | 2018-05-10 | [Wasde Report: Russia exports less wheat 2018/19](https://feedsoft.ai/events/64974-wasde-report-russia-exports-less-wheat-2018-19.md) | -1.0% | +2.7% |
| WHEAT | 2020-12-17 | [Grain Transportation Report, December 17, 2020](https://feedsoft.ai/events/49504-grain-transportation-report-december-17-2020.md) | +1.1% | +7.1% |
| WHEAT | 2022-01-17 | [All wheat stocks stored in Northwest Region down 43 percent from December 1, 2020 - Morning Ag Clips](https://feedsoft.ai/events/43207-all-wheat-stocks-stored-in-northwest-region-down-43-percent-from-december-1.md) | +4.8% | +3.1% |
| WHEAT | 2024-12-11 | [December WASDE Shows Decrease in US Corn and Wheat Ending Stocks in 2024/2025](https://feedsoft.ai/events/26903-december-wasde-shows-decrease-in-us-corn-and-wheat-ending-stocks-in-2024-2025.md) | -0.4% | -0.6% |
| KWHEAT | 2016-11-10 | [Wheat \| World-grain.com \| November 10, 2016 20:14 \| World Grain](https://feedsoft.ai/events/73889-wheat-world-grain-com-november-10-2016-20-14-world-grain.md) | -0.4% | -3.6% |
| KWHEAT | 2025-12-05 | [Wheat futures face December uncertainty](https://feedsoft.ai/events/21558-wheat-futures-face-december-uncertainty.md) | -2.6% | -1.7% |
| KWHEAT | 2017-11-30 | [USDA Reports Offer Early Snapshots of 2018/19 U.S. Winter Wheat Crop - U.S. Wheat Associates](https://feedsoft.ai/events/68036-usda-reports-offer-early-snapshots-of-2018-19-u-s-winter-wheat-crop-u-s-wheat.md) | -1.8% | +3.3% |

## Sources

- cashwheatreport.com: https://www.cashwheatreport.com/archives/2605/

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