# Wheat surplus may drop, boosting prices in 2017

> Analysts suggest wheat prices may rise in 2017 after years of low prices, citing reduced US production expected for 2017-18. Global supply remains ample, with China's large stocks clouding the global balance sheet.

- Date: 2017-01-12 · published 2017-01-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/73047-wheat-surplus-may-drop-boosting-prices-in-2017
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Expected smaller US output for 2017-18 could support wheat prices if realized, though current supply remains heavy. Feed buyers should watch USDA production estimates.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- producer.com: https://www.producer.com/markets/wheat-surplus-may-drop-boosting-prices-in-2017/

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