# Goodbye, Kansas Wheat?

> Successful Farming reports US winter wheat planted acreage is the lowest in 99 years as low prices push Kansas farmers toward corn and sorghum. Farmer Greg Stone expects US wheat acres to keep declining as foreign producers expand.

- Date: 2018-03-26 · published 2018-03-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/66044-goodbye-kansas-wheat
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Shrinking US wheat acres reduce future domestic wheat supply and could support prices, while shifts toward corn and sorghum change feed grain balances.

## Read by commodity

- CORN: bearish ▼
- KWHEAT: bullish ▲
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-10-27 | [U.S. grains: Wheat futures sink as dollar rallies - Grainews](https://feedsoft.ai/events/68496-u-s-grains-wheat-futures-sink-as-dollar-rallies-grainews.md) | -0.2% | -5.4% |
| CORN | 2022-12-05 | [Recession fears spur wheat cuts – The Seam](https://feedsoft.ai/events/6647-recession-fears-spur-wheat-cuts-the-seam.md) | -0.2% | +4.7% |
| CORN | 2020-03-09 | [Corn, soybeans, wheat drop about 2% as global markets recoil \| Financial Post](https://feedsoft.ai/events/11269-corn-soybeans-wheat-drop-about-2-as-global-markets-recoil-financial-post.md) | +0.3% | -1.7% |
| CORN | 2021-12-01 | [U.S. grains: Wheat extends slide as Omicron worries mount - AgCanada](https://feedsoft.ai/events/43653-u-s-grains-wheat-extends-slide-as-omicron-worries-mount-agcanada.md) | +8.0% | +4.8% |
| CORN | 2020-09-21 | [U.S. grains: Wheat, soy, corn fall sharply on fund selling - Grainews](https://feedsoft.ai/events/11765-u-s-grains-wheat-soy-corn-fall-sharply-on-fund-selling-grainews.md) | -2.4% | +3.4% |
| KWHEAT | 2018-05-16 | [Corn Hands the Baton to Wheat](https://feedsoft.ai/events/10238-corn-hands-the-baton-to-wheat.md) | +6.0% | +5.7% |
| KWHEAT | 2022-06-29 | [WHEAT SCOOPS: $11 wheat, why and how long? – The Seam](https://feedsoft.ai/events/40982-wheat-scoops-11-wheat-why-and-how-long-the-seam.md) | -13.7% | -12.4% |
| KWHEAT | 2017-12-20 | [Welch gives wheat market outlook for 2018 \| texaswheat.org](https://feedsoft.ai/events/67517-welch-gives-wheat-market-outlook-for-2018-texaswheat-org.md) | +1.3% | +1.8% |

## Sources

- agriculture.com: https://www.agriculture.com/crops/wheat/goodbye-kansas-wheat

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