# Lower U.S. Wheat Futures: An Anomaly and Excellent Opportunity - U.S. Wheat Associates

> US wheat futures fell after steel and aluminum tariffs took effect for key customers, with September KC HRW down 51 cents and Minneapolis HRS down 58 cents since. US export sales for 2018/19 were 32 percent behind last year as buyers delayed purchases amid trade uncertainty.

- Date: 2018-07-23 · published 2018-07-23T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/64092-lower-u-s-wheat-futures-an-anomaly-and-excellent-opportunity-u-s-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Reduced export demand and buyer caution weigh on US wheat prices, though global supplies are tight, creating a potential buying opportunity for feed and milling buyers.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-04-05 | [Global Perspective on Wheat Trade - U.S. Wheat Associates](https://feedsoft.ai/events/65407-global-perspective-on-wheat-trade-u-s-wheat-associates.md) | +0.6% | +6.9% |
| WHEAT | 2020-09-23 | [U.S. wheat futures fall on fading export hopes, corn weak, soy flat](https://feedsoft.ai/events/10534-u-s-wheat-futures-fall-on-fading-export-hopes-corn-weak-soy-flat.md) | +5.5% | +10.8% |
| WHEAT | 2020-08-03 | [U.S. wheat futures fall on U.S. export woes; corn, soybeans firm \| Financial Post](https://feedsoft.ai/events/51658-u-s-wheat-futures-fall-on-u-s-export-woes-corn-soybeans-firm-financial-post.md) | -2.0% | +0.7% |
| WHEAT | 2016-12-15 | [Premiums Rise as Supplies of High Protein Wheat Fall - U.S. Wheat Associates](https://feedsoft.ai/events/73518-premiums-rise-as-supplies-of-high-protein-wheat-fall-u-s-wheat-associates.md) | -1.0% | +1.6% |
| WHEAT | 2019-02-27 | [US wheat futures tumble \| The Land \| NSW](https://feedsoft.ai/events/6772-us-wheat-futures-tumble-the-land-nsw.md) | +1.3% | +5.4% |
| KWHEAT | 2018-04-05 | [Global Perspective on Wheat Trade - U.S. Wheat Associates](https://feedsoft.ai/events/65407-global-perspective-on-wheat-trade-u-s-wheat-associates.md) | +6.3% | +10.2% |
| KWHEAT | 2019-04-18 | [Good Quality, Competitive Prices Spark U.S. Winter Wheat Demand - U.S. Wheat Associates](https://feedsoft.ai/events/59622-good-quality-competitive-prices-spark-u-s-winter-wheat-demand-u-s-wheat.md) | -3.9% | -0.9% |
| KWHEAT | 2020-08-03 | [U.S. wheat futures fall on U.S. export woes; corn, soybeans firm \| Financial Post](https://feedsoft.ai/events/51658-u-s-wheat-futures-fall-on-u-s-export-woes-corn-soybeans-firm-financial-post.md) | -6.1% | +4.4% |

## Sources

- uswheat.org: https://uswheat.org/wheatletter/lower-u-s-wheat-futures-an-anomaly-and-excellent-opportunity/

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