# Column: Wheat market rises | Business | journalgazette.net

> Kansas City wheat futures rose above $4.70 per bushel for the first time since August, with record one-day volume in the contract. Only 14% of the Kansas, Oklahoma and Texas HRW crop was rated good or excellent. Natural gas also spiked on cold-weather forecasts before falling back.

- Date: 2018-02-02 · published 2018-02-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66545-column-wheat-market-rises-business-journalgazette-net
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Poor HRW ratings and heavy speculative trading support wheat prices and make HRW a costlier feed option. Wheat's price strength can also shift feed-grain substitution decisions.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- journalgazette.net: https://www.journalgazette.net/business/column-wheat-market-rises/article_05536cb9-bedb-5943-864c-64a7e49e5f96.html

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