# U.S. grains: Wheat down on weak export demand - Country Guide

> U.S. wheat futures fell for a third straight day on October 18 on plentiful global supply and strong competition from Russia. U.S. Wheat Associates is closing its Cairo office after about 40 years, reflecting lost market share in Egypt, the world's top wheat importer, which has been sourcing mostly from Russia.

- Date: 2017-10-18 · published 2017-10-18T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/68498-u-s-grains-wheat-down-on-weak-export-demand-country-guide
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Losing Egyptian business to Russian wheat, combined with a firm dollar, weakens U.S. export demand and keeps wheat and related feed grain prices under pressure.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-09-23 | [U.S. wheat futures fall on fading export hopes, corn weak, soy flat](https://feedsoft.ai/events/10534-u-s-wheat-futures-fall-on-fading-export-hopes-corn-weak-soy-flat.md) | +5.5% | +10.8% |
| WHEAT | 2025-11-06 | [U.S. grains: Soybeans, wheat plummet from highs on limited Chinese demand - Grainews](https://feedsoft.ai/events/8211-u-s-grains-soybeans-wheat-plummet-from-highs-on-limited-chinese-demand-grainews.md) | -4.0% | -1.5% |
| WHEAT | 2017-03-06 | [USA: Soft Wheat Marks Weak Export Season](https://feedsoft.ai/events/72056-usa-soft-wheat-marks-weak-export-season.md) | -0.2% | +0.3% |
| WHEAT | 2026-09-21 | [Drought and Global Competition Are Weighing on US Wheat Exports](https://feedsoft.ai/events/17525-drought-and-global-competition-are-weighing-on-us-wheat-exports.md) | +3.5% | +0.7% |
| WHEAT | 2020-02-13 | [U.S. grains: Soy up on prospects for Chinese demand - AgCanada](https://feedsoft.ai/events/54655-u-s-grains-soy-up-on-prospects-for-chinese-demand-agcanada.md) | +5.3% | +9.6% |
| KWHEAT | 2026-09-21 | [Drought and Global Competition Are Weighing on US Wheat Exports](https://feedsoft.ai/events/17525-drought-and-global-competition-are-weighing-on-us-wheat-exports.md) | -2.8% | -10.2% |
| KWHEAT | 2020-08-03 | [U.S. wheat futures fall on U.S. export woes; corn, soybeans firm \| Financial Post](https://feedsoft.ai/events/51658-u-s-wheat-futures-fall-on-u-s-export-woes-corn-soybeans-firm-financial-post.md) | -6.1% | +4.4% |
| KWHEAT | 2026-10-20 | [Weak demand for US wheat increases price pressure on Ukrainian and EU markets](https://feedsoft.ai/events/458-weak-demand-for-us-wheat-increases-price-pressure-on-ukrainian-and-eu-markets.md) | -4.6% | — |

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/u-s-grains-wheat-down-on-weak-export-demand/

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