# Wheat producers facing below cost of production prices

> Oklahoma State economist Kim Anderson says the US wheat stocks-to-use ratio is projected at 53 percent for 2016/17, the highest since 1986/87. Harvest-delivered bids in Oklahoma and Texas are $3.47 to $3.74 with wide negative basis.

- Date: 2017-02-02 · published 2017-02-02T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/72524-wheat-producers-facing-below-cost-of-production-prices
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Record stocks leave the wheat complex with heavy supply, which keeps wheat cheap as a feed substitute for corn and limits any price recovery.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2025-09-30 | [Wheat Falling as USDA Raises Production](https://feedsoft.ai/events/22925-wheat-falling-as-usda-raises-production.md) | -2.5% | +1.2% |
| KWHEAT | 2021-03-18 | [The higher forecast production in the new season lowers the price of wheat old crop](https://feedsoft.ai/events/48191-the-higher-forecast-production-in-the-new-season-lowers-the-price-of-wheat-old.md) | -4.1% | +1.1% |
| KWHEAT | 2025-10-29 | [Large wheat supply pressures prices \| The Western Producer](https://feedsoft.ai/events/22436-large-wheat-supply-pressures-prices-the-western-producer.md) | +3.2% | -1.3% |
| KWHEAT | 2025-03-27 | [Wheat prices drop despite tighter ending stocks \| The Western Producer](https://feedsoft.ai/events/25627-wheat-prices-drop-despite-tighter-ending-stocks-the-western-producer.md) | +0.6% | -4.8% |
| KWHEAT | 2017-10-16 | [Global wheat production lifts \| The Land \| NSW](https://feedsoft.ai/events/68402-global-wheat-production-lifts-the-land-nsw.md) | -3.1% | -0.7% |
| WHEAT | 2025-09-30 | [Wheat Falling as USDA Raises Production](https://feedsoft.ai/events/22925-wheat-falling-as-usda-raises-production.md) | +0.4% | +5.9% |
| WHEAT | 2021-03-18 | [The higher forecast production in the new season lowers the price of wheat old crop](https://feedsoft.ai/events/48191-the-higher-forecast-production-in-the-new-season-lowers-the-price-of-wheat-old.md) | +0.9% | -3.3% |
| WHEAT | 2021-09-07 | [French producers expect common wheat harvests of less](https://feedsoft.ai/events/45011-french-producers-expect-common-wheat-harvests-of-less.md) | +1.8% | +5.2% |

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/starting-point-for-2017-18-wheat-in-the-tank-

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