# Export boom leads to higher wheat prices for area farmers

> Wheat prices in the Pacific Northwest rose from about $5.50 to more than $7 a bushel as exporters bought more and a corn shortage lifted grain prices broadly. Farmers are benefiting from the rally, and federal farm payments made up about 40% of 2020 farm income.

- Date: 2021-02-14 · published 2021-02-14T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/9250-export-boom-leads-to-higher-wheat-prices-for-area-farmers
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Stronger export buying and a tighter corn supply push wheat and corn values higher, raising feed grain costs for livestock buyers.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-07-24 | [Due to higher prices, Russia increases wheat export](https://feedsoft.ai/events/63888-due-to-higher-prices-russia-increases-wheat-export.md) | -1.0% | -0.2% |
| WHEAT | 2017-09-25 | [Russia: wheat export prices are rising due to good](https://feedsoft.ai/events/69002-russia-wheat-export-prices-are-rising-due-to-good.md) | -7.1% | +2.9% |
| WHEAT | 2026-10-29 | [After the Bell \| Wheat bounces on strong export sales - Pro Farmer](https://feedsoft.ai/events/1994-after-the-bell-wheat-bounces-on-strong-export-sales-pro-farmer.md) | -0.4% | — |
| WHEAT | 2022-04-28 | [India's wheat export boom brings a bonanza to farmers, and budget relief \| Reuters](https://feedsoft.ai/events/41888-india-s-wheat-export-boom-brings-a-bonanza-to-farmers-and-budget-relief-reuters.md) | -1.3% | +0.9% |
| WHEAT | 2025-01-21 | [Export prices for barley in Ukraine reached the level of corn and feed wheat prices](https://feedsoft.ai/events/26576-export-prices-for-barley-in-ukraine-reached-the-level-of-corn-and-feed-wheat.md) | +3.4% | +5.7% |
| CORN | 2025-01-21 | [Export prices for barley in Ukraine reached the level of corn and feed wheat prices](https://feedsoft.ai/events/26576-export-prices-for-barley-in-ukraine-reached-the-level-of-corn-and-feed-wheat.md) | -0.5% | +3.8% |
| CORN | 2017-07-19 | [US ethanol exports ease thanks to higher prices at home  : The Daily Digest](https://feedsoft.ai/events/69962-us-ethanol-exports-ease-thanks-to-higher-prices-at-home-the-daily-digest.md) | -1.3% | -4.5% |
| CORN | 2026-06-18 | [Grains End Higher on Soybean Export Biz as China Also Looks for Corn and Wheat - AgWeb](https://feedsoft.ai/events/14571-grains-end-higher-on-soybean-export-biz-as-china-also-looks-for-corn-and-wheat.md) | -1.2% | +0.1% |

## Sources

- spokesman.com: https://www.spokesman.com/stories/2021/feb/14/export-boom-leads-to-higher-wheat-prices-for-area-/

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