# November all wheat average price increases | World-grain.com | December 29, 2017 14:39 | World Grain

> USDA's December 28 Agricultural Prices report put the November average farm price of all wheat at $4.73 a bushel, up 9 cents from October and up 85 cents year on year. Winter wheat averaged $4.07, down 10 cents from October, while hard red winter rose 2 cents to $3.84.

- Date: 2017-12-29 · published 2017-12-29T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/67514-november-all-wheat-average-price-increases-world-grain-com-december-29-2017-14
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Higher November farm prices reflect firmer cash wheat values after the earlier contract lows, which raises the cost of wheat used in feed rations and supports feed wheat substitution decisions.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2018-04-02 | [Grain market review: Wheat \| World-grain.com \| April 02, 2018 14:04 \| World Grain](https://feedsoft.ai/events/65546-grain-market-review-wheat-world-grain-com-april-02-2018-14-04-world-grain.md) | +8.5% | +9.6% |
| KWHEAT | 2020-08-14 | [USDA trims 2021 wheat carryover \| 2020-08-14  \| World Grain](https://feedsoft.ai/events/51660-usda-trims-2021-wheat-carryover-2020-08-14-world-grain.md) | +3.9% | +11.4% |
| KWHEAT | 2017-06-29 | [World Wheat Production to Decline in 2017/18 - U.S. Wheat Associates](https://feedsoft.ai/events/70449-world-wheat-production-to-decline-in-2017-18-u-s-wheat-associates.md) | +15.0% | +4.2% |
| KWHEAT | 2026-06-05 | [FAO Cereal Price Index rises in May \| World Grain](https://feedsoft.ai/events/18850-fao-cereal-price-index-rises-in-may-world-grain.md) | +2.3% | -1.6% |
| KWHEAT | 2023-01-20 | [Commercial Grain Firms Find Value in Wheat's Cheap Price](https://feedsoft.ai/events/37822-commercial-grain-firms-find-value-in-wheat-s-cheap-price.md) | +3.9% | +8.0% |
| WHEAT | 2017-12-04 | [Australian grain crops forecast lower in 2017-18 \| World-grain.com \| December 04, 2017 14:05 \| World Grain](https://feedsoft.ai/events/67430-australian-grain-crops-forecast-lower-in-2017-18-world-grain-com-december-04.md) | +2.7% | +0.6% |
| WHEAT | 2017-11-03 | [Focus on Australia \| World-grain.com \| November 03, 2017 19:27 \| World Grain](https://feedsoft.ai/events/67937-focus-on-australia-world-grain-com-november-03-2017-19-27-world-grain.md) | +0.1% | -1.6% |
| WHEAT | 2021-12-13 | [Coceral sees smaller EU wheat crop in 2022 \| World Grain](https://feedsoft.ai/events/43539-coceral-sees-smaller-eu-wheat-crop-in-2022-world-grain.md) | -6.0% | +1.3% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/9127-november-all-wheat-average-price-increases

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