# Wheat: slight pressure on sales in Western Europe  - Mundus Agri

> Chicago wheat traded at $5.70 per bushel, slightly firmer, while Paris wheat fell EUR 1.25 to EUR 194.25 per tonne and Black Sea February wheat dropped $0.75 to $230.75 per tonne. Reports note Chinese buying of 150,000 tonnes of Australian wheat and limited Russian grain exports.

- Date: 2020-01-28 · published 2020-01-28T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/8054-wheat-slight-pressure-on-sales-in-western-europe-mundus-agri
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Expectations of Chinese demand for US and Australian wheat and limited Russian export supply support prices, while global slowdown fears from coronavirus weigh on European and Black Sea values.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-07-21 | [Precipitation in the EU and the USA and the possible unblocking of Ukrainian ports increase the pressure on wheat prices 21.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40541-precipitation-in-the-eu-and-the-usa-and-the-possible-unblocking-of-ukrainian.md) | -11.0% | -1.2% |
| WHEAT | 2024-01-08 | [India's agricultural exports to rise despite curbs on wheat, rice, sugar - minister](https://feedsoft.ai/events/32106-india-s-agricultural-exports-to-rise-despite-curbs-on-wheat-rice-sugar-minister.md) | -2.5% | -2.2% |
| WHEAT | 2022-01-19 | [Spotlight on India’s Trade-Distorting Domestic Wheat and Rice Support](https://feedsoft.ai/events/43115-spotlight-on-india-s-trade-distorting-domestic-wheat-and-rice-support.md) | +1.9% | -1.5% |
| WHEAT | 2020-01-28 | [New oat, wheat markets debut in Iowa \| Farm Progress](https://feedsoft.ai/events/55132-new-oat-wheat-markets-debut-in-iowa-farm-progress.md) | -0.5% | +2.7% |
| WHEAT | 2017-03-24 | [USDA exports – Corn, soybean, wheat sales up for the week](https://feedsoft.ai/events/71846-usda-exports-corn-soybean-wheat-sales-up-for-the-week.md) | +2.3% | +1.5% |
| KWHEAT | 2022-07-21 | [Precipitation in the EU and the USA and the possible unblocking of Ukrainian ports increase the pressure on wheat prices 21.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40541-precipitation-in-the-eu-and-the-usa-and-the-possible-unblocking-of-ukrainian.md) | -1.0% | -2.2% |
| KWHEAT | 2023-04-27 | [Wheat Industry News](https://feedsoft.ai/events/36447-wheat-industry-news.md) | +4.3% | +2.4% |
| KWHEAT | 2024-11-01 | [U.S. grains: Corn ticks up on export demand, easing harvest pressure - Grainews](https://feedsoft.ai/events/27421-u-s-grains-corn-ticks-up-on-export-demand-easing-harvest-pressure-grainews.md) | -0.0% | -8.5% |

## Sources

- mundus-agri.eu: https://www.mundus-agri.eu/news/wheat-slight-pressure-sales-western-europe.n19814.html

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