# HRW Rallies Supported by Supply and Demand Factors - U.S. Wheat Associates

> Kansas City HRW wheat futures have rallied 13% since January 1, returning to June 2016 price levels. U.S. 2016/17 HRW export sales reached 10.1 million metric tons, up 95% from the prior year, and 2017/18 sales are also running ahead of last year.

- Date: 2017-03-09 · published 2017-03-09T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/72044-hrw-rallies-supported-by-supply-and-demand-factors-u-s-wheat-associates
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Strong export demand, helped by a weaker dollar against competing origins, tightens HRW supplies and supports prices. Lower planted area for 2017/18 points to further support.

## Read by commodity

- KWHEAT: bullish ▲

## Sources

- uswheat.org: https://uswheat.org/wheatletter/hrw-rallies-supported-by-supply-and-demand-factors/

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