# Wheat futures in the US have already fallen 2.8–4.6% below the level at the beginning of the season

> U.S. wheat futures fell over the past week, with December SRW down 3.2%, HRW down 2.2% and spring wheat down 0.7%; Paris wheat futures also declined. The article attributes the weakness to low export demand for U.S. wheat, improved weather in Australia and Argentina, favorable U.S. winter-wheat planting conditions, and importers delaying purchases while Russian wheat remained available in export markets.

- Date: 2026-11-10 · published 2026-11-10T12:05:33.053Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/91583-wheat-futures-in-the-us-have-already-fallen-2-8-4-6-below-the-level-at-the
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Weak U.S. export demand and postponement of purchases reduce near-term demand for U.S. wheat, while improved crop conditions in Australia and Argentina add to competing supply prospects. These factors are bearish for wheat prices despite reduced U.S., Ukrainian and Russian production or exports.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-06-03 | [US wheat futures fall](https://feedsoft.ai/events/58651-us-wheat-futures-fall.md) | +9.6% | +15.1% |
| WHEAT | 2019-02-27 | [US wheat futures tumble \| The Land \| NSW](https://feedsoft.ai/events/6772-us-wheat-futures-tumble-the-land-nsw.md) | +1.3% | +5.4% |
| WHEAT | 2022-12-02 | [Wheat wilts in the face of harvest selling pressure \| Stock Journal \| SA](https://feedsoft.ai/events/6646-wheat-wilts-in-the-face-of-harvest-selling-pressure-stock-journal-sa.md) | -9.7% | -1.7% |
| WHEAT | 2020-09-23 | [U.S. wheat futures fall on fading export hopes, corn weak, soy flat](https://feedsoft.ai/events/10534-u-s-wheat-futures-fall-on-fading-export-hopes-corn-weak-soy-flat.md) | +5.5% | +10.8% |
| WHEAT | 2019-10-23 | [Why aren't UK wheat futures following US trends? Grain Market Daily \| AHDB](https://feedsoft.ai/events/56604-why-aren-t-uk-wheat-futures-following-us-trends-grain-market-daily-ahdb.md) | -0.4% | +5.9% |
| KWHEAT | 2019-06-03 | [US wheat futures fall](https://feedsoft.ai/events/58651-us-wheat-futures-fall.md) | -5.1% | -4.5% |
| KWHEAT | 2022-12-02 | [Wheat wilts in the face of harvest selling pressure \| Stock Journal \| SA](https://feedsoft.ai/events/6646-wheat-wilts-in-the-face-of-harvest-selling-pressure-stock-journal-sa.md) | -4.7% | -1.7% |
| KWHEAT | 2025-03-05 | [US Plains HRW Wheat-Basis bids steady as futures stumble - Tiger Brokers](https://feedsoft.ai/events/12567-us-plains-hrw-wheat-basis-bids-steady-as-futures-stumble-tiger-brokers.md) | +4.6% | +5.9% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/birzhovi-kotiruvannya-na-pshenitcyu-u-ssha-vzhe-opustilisya-na-28-46-nizhche-rivnya-pochat.html

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