# More bad news for the wheat market

> Wheat prices had been rising before the January 12 USDA report, which showed winter wheat seedings barely changed from last year, far above the analyst expectation of a 9.6% decline. HRW seedings fell only 1% versus an expected 10%, and SRW fell 4.1% versus an expected 9%. Drought is forecast to persist in the Plains.

- Date: 2018-01-18 · published 2018-01-18T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/67024-more-bad-news-for-the-wheat-market
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Larger-than-expected seedings add supply expectations and weigh on wheat futures, though persistent Plains drought could limit the bearish effect.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2018-12-18 | [News for wheat prices may not be all bad](https://feedsoft.ai/events/7509-news-for-wheat-prices-may-not-be-all-bad.md) | -3.7% | -5.1% |
| KWHEAT | 2017-07-13 | [A Shock to the Wheat Market - Northern Ag Network](https://feedsoft.ai/events/69888-a-shock-to-the-wheat-market-northern-ag-network.md) | -5.3% | -12.2% |
| KWHEAT | 2019-04-26 | [CPS Wheat - MarketsFarm](https://feedsoft.ai/events/59626-cps-wheat-marketsfarm.md) | -2.8% | +5.2% |
| KWHEAT | 2024-06-18 | [USDA reports provide mixed signals for wheat market \| The Western Producer](https://feedsoft.ai/events/29802-usda-reports-provide-mixed-signals-for-wheat-market-the-western-producer.md) | -4.9% | -7.3% |
| KWHEAT | 2025-08-22 | [Grain market review: Wheat \| World Grain](https://feedsoft.ai/events/23378-grain-market-review-wheat-world-grain.md) | -3.3% | +0.8% |
| WHEAT | 2018-12-18 | [News for wheat prices may not be all bad](https://feedsoft.ai/events/7509-news-for-wheat-prices-may-not-be-all-bad.md) | -1.8% | -2.2% |
| WHEAT | 2017-12-08 | [Farming News - US & EU wheat price down - the Weekly Markets](https://feedsoft.ai/events/11626-farming-news-us-and-eu-wheat-price-down-the-weekly-markets.md) | -3.7% | -1.3% |
| WHEAT | 2018-03-09 | [Farming News - Roundup of the OSR,Wheat & Fertiliser Markets](https://feedsoft.ai/events/10892-farming-news-roundup-of-the-osr-wheat-and-fertiliser-markets.md) | -0.2% | +0.6% |

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/wheat-producers-shot-in-the-foot-

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