# US wheat stocks to remain high | VIC

> Following the USDA reports, US winter wheat plantings came in well below expectations at a 108-year low. Balancing factors included lower estimated current-year usage and higher US ending stocks than in December.

- Date: 2017-01-18 · published 2017-01-18T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/72944-us-wheat-stocks-to-remain-high-vic
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Reduced HRW acreage has lifted Kansas City futures and protein premiums, which raises the cost of higher-protein wheat for feed buyers, while large stocks cap broader gains.

## Read by commodity

- WHEAT: neutral
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2021-10-01 | [USDA Stocks Report: Don’t sleep on wheat usage](https://feedsoft.ai/events/11316-usda-stocks-report-don-t-sleep-on-wheat-usage.md) | +1.3% | +8.0% |
| KWHEAT | 2021-09-30 | [U.S. wheat stocks fall after harvest shortfalls](https://feedsoft.ai/events/45038-u-s-wheat-stocks-fall-after-harvest-shortfalls.md) | +4.7% | +10.0% |
| KWHEAT | 2017-05-11 | [Rural News Crop report pegs cut in global wheat production next year, but record stocks set to remain](https://feedsoft.ai/events/70950-rural-news-crop-report-pegs-cut-in-global-wheat-production-next-year-but-record.md) | -0.3% | +6.1% |
| KWHEAT | 2019-07-11 | [Global Wheat Stocks Revised Lower, Boosting Prices](https://feedsoft.ai/events/58151-global-wheat-stocks-revised-lower-boosting-prices.md) | +0.1% | -5.3% |
| KWHEAT | 2017-11-02 | [U.S. High-Protein Wheat Supplies Tightening - U.S. Wheat Associates](https://feedsoft.ai/events/68043-u-s-high-protein-wheat-supplies-tightening-u-s-wheat-associates.md) | +2.8% | -0.3% |
| WHEAT | 2018-05-24 | [Change in USDA Wheat Stocks Estimates](https://feedsoft.ai/events/64973-change-in-usda-wheat-stocks-estimates.md) | -0.8% | -2.2% |
| WHEAT | 2020-05-19 | [USDA: Wheat Stocks Drop, But Prices Hold](https://feedsoft.ai/events/53171-usda-wheat-stocks-drop-but-prices-hold.md) | +2.0% | +0.3% |
| WHEAT | 2019-08-11 | [Wheat prices to remain range-bound - The HinduBusinessLine](https://feedsoft.ai/events/57542-wheat-prices-to-remain-range-bound-the-hindubusinessline.md) | -0.1% | -2.9% |

## Sources

- stockandland.com.au: https://www.stockandland.com.au/story/4409145/us-stocks-to-stay-high/

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