# US wheat futures tumble | The Land | NSW

> CBOT wheat futures fell nearly 10% in about a week as fund selling intensified and investors doubted the USDA's US wheat export forecast. Stronger Russian shipments and slower import demand from some major buyers added to the pressure. Local Australian feed wheat bids also dropped sharply.

- Date: 2019-02-27 · published 2019-02-27T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/6772-us-wheat-futures-tumble-the-land-nsw
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Doubts about US export pace and Russian competition push US wheat to some of the cheapest levels globally, which supports a bearish outlook for feed wheat costs. Lower futures feed into lower cash bids for feed buyers.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-06-03 | [US wheat futures fall](https://feedsoft.ai/events/58651-us-wheat-futures-fall.md) | +9.6% | +15.1% |
| WHEAT | 2019-10-23 | [Why aren't UK wheat futures following US trends? Grain Market Daily \| AHDB](https://feedsoft.ai/events/56604-why-aren-t-uk-wheat-futures-following-us-trends-grain-market-daily-ahdb.md) | -0.4% | +5.9% |
| WHEAT | 2018-07-23 | [Lower U.S. Wheat Futures: An Anomaly and Excellent Opportunity - U.S. Wheat Associates](https://feedsoft.ai/events/64092-lower-u-s-wheat-futures-an-anomaly-and-excellent-opportunity-u-s-wheat.md) | +2.5% | +2.3% |
| WHEAT | 2025-03-04 | [U.S. grains: Corn, wheat, soy futures slide as trade tensions flare](https://feedsoft.ai/events/8145-u-s-grains-corn-wheat-soy-futures-slide-as-trade-tensions-flare.md) | +0.1% | +2.8% |
| WHEAT | 2019-06-03 | [US wheat futures drop on fear of trade fight with Mexico — Washington Wheat Foundation](https://feedsoft.ai/events/58620-us-wheat-futures-drop-on-fear-of-trade-fight-with-mexico-washington-wheat.md) | +9.6% | +15.1% |

## Sources

- theland.com.au: https://www.theland.com.au/story/5925340/local-grain-focus-us-wheat-futures-tumble/

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