# Harvey flooding could get Oklahoma wheat wet

> Hurricane Harvey flooding has disrupted Gulf Coast ports, with many grain facilities under water and rail lines from Kansas suspended. About a quarter of U.S. wheat exports leave via the Gulf, and cargoes bound for South Africa, Algeria and Iraq are delayed.

- Date: 2017-08-29 · published 2017-08-29T12:00:00.000Z
- Category: logistics · region US · magnitude high
- Page: https://feedsoft.ai/events/69498-harvey-flooding-could-get-oklahoma-wheat-wet
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Port closures reduce export capacity and raise logistics costs for HRW and other U.S. grains, and may pressure Gulf basis while rerouting shipments.

## Read by commodity

- CORN: neutral
- BARGE: neutral
- WHEAT: bullish ▲
- KWHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2024-04-04 | [The Ocean Transportation of Wheat \| agefi.com](https://feedsoft.ai/events/30627-the-ocean-transportation-of-wheat-agefi-com.md) | +2.4% | +7.8% |
| KWHEAT | 2023-01-31 | [Wheat prices on world exchanges have risen, and in Ukraine they are pressured by the delay in the approach of the courts](https://feedsoft.ai/events/37826-wheat-prices-on-world-exchanges-have-risen-and-in-ukraine-they-are-pressured-by.md) | +0.3% | -6.6% |
| KWHEAT | 2021-08-30 | [Wheat gains as traders weigh export prospects amid Hurricane Ida \| Air Freight News](https://feedsoft.ai/events/45609-wheat-gains-as-traders-weigh-export-prospects-amid-hurricane-ida-air-freight.md) | +0.4% | +1.2% |
| KWHEAT | 2020-10-15 | [U.S. Wheat Export Prices Firm on Higher Futures Prices and Export Basis Values - U.S. Wheat Associates](https://feedsoft.ai/events/50680-u-s-wheat-export-prices-firm-on-higher-futures-prices-and-export-basis-values-u.md) | +6.4% | +3.5% |
| KWHEAT | 2020-12-22 | [CBOT wheat lifts amid export market uncertainty - Markets - Business Recorder](https://feedsoft.ai/events/49689-cbot-wheat-lifts-amid-export-market-uncertainty-markets-business-recorder.md) | +1.8% | +10.7% |
| WHEAT | 2026-03-08 | [A bitter harvest for wheat as war pops export dreams \| Mint](https://feedsoft.ai/events/20132-a-bitter-harvest-for-wheat-as-war-pops-export-dreams-mint.md) | +0.6% | -2.0% |
| WHEAT | 2020-10-29 | [Door opens for Canadian wheat \| The Western Producer](https://feedsoft.ai/events/50681-door-opens-for-canadian-wheat-the-western-producer.md) | -2.0% | -7.4% |
| WHEAT | 2024-04-04 | [The Ocean Transportation of Wheat \| agefi.com](https://feedsoft.ai/events/30627-the-ocean-transportation-of-wheat-agefi-com.md) | +3.6% | +1.0% |

## Sources

- journalrecord.com: https://journalrecord.com/2017/08/29/harvey-flooding-could-get-oklahoma-wheat-wet/

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