# Not so hot commodities

> Kansas wheat harvest produced higher protein levels than usual, averaging 12 to 14 percent with some loads at 15 percent. Elevators can blend high-protein wheat with lower-protein carryover stock to meet mill demand. The article notes the USDA earlier estimated record global wheat carryover.

- Date: 2018-07-26 · published 2018-07-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64095-not-so-hot-commodities
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

High-protein Kansas supply offers modest support for HRW prices, but large global carryover keeps overall wheat price pressure low.

## Read by commodity

- WHEAT: neutral
- KWHEAT: bullish ▲

## Sources

- hutchnews.com: https://www.hutchnews.com/story/business/agricultural/2018/07/26/low-grain-prices-loom-but-high-protein-kansas-wheat-provides-slight-support/11268235007/

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