# Wheat: Will High Inventory Further Dent Prices?

> A CME Group article notes that CBOT soft red winter wheat has been in a long-term bear market since July 2012 and has fallen more than 50%. Prices near $4.30 per bushel remain above 1997-2006 levels, while ending-stocks-to-use ratios are near record highs. The article argues high inventories explain depressed prices but have little bearing on future price moves.

- Date: 2017-11-13 · published 2017-11-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68039-wheat-will-high-inventory-further-dent-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Near-record wheat inventories keep the market structurally heavy, though the article suggests inventory levels alone are not a reliable signal for further price declines.

## Read by commodity

- WHEAT: neutral

## Sources

- cmegroup.com: https://www.cmegroup.com/education/featured-reports/wheat-will-high-inventory-further-dent-prices

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