# Farming News - Weekly Wheat & OSR roundup from ADM

> Global wheat prices rose further as dryness in Argentina, southern Russia and Ukraine hampered crop establishment, and Ukraine cut its 2020 wheat harvest forecast to 25.1 million t. Egypt bought about 650,000 t, mainly Russian wheat, and Romania was reported to be considering halting exports.

- Date: 2020-09-25 · published 2020-09-25T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/10434-farming-news-weekly-wheat-and-osr-roundup-from-adm
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Drought-related crop cuts in major exporters and strong import demand tighten global wheat supplies, which supports export prices and firms European and UK feed wheat values.

## Read by commodity

- WHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2020-09-28 | 1 | +6.0% | 3.4 | Dryness in Argentina, southern Russia and Ukraine, a lower Ukrainian harvest forecast and Romanian export-ban talk lifted global wheat prices into the 9/28 move, a supply-side driver. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-08-28 | [Farming News - ADM Wheat & OSR weekly market update](https://feedsoft.ai/events/51661-farming-news-adm-wheat-and-osr-weekly-market-update.md) | -2.6% | +6.6% |
| WHEAT | 2018-09-21 | [Farming News - Weekly snapshot of the wheat & OSR markets](https://feedsoft.ai/events/63133-farming-news-weekly-snapshot-of-the-wheat-and-osr-markets.md) | -0.1% | +7.7% |
| WHEAT | 2021-04-16 | [Farming News - Wheat and OSR market update](https://feedsoft.ai/events/9791-farming-news-wheat-and-osr-market-update.md) | +4.9% | +6.1% |
| WHEAT | 2018-04-27 | [Farming News - Weather impacting on the Wheat Markets](https://feedsoft.ai/events/11223-farming-news-weather-impacting-on-the-wheat-markets.md) | +3.6% | +2.9% |
| WHEAT | 2019-11-27 | [Falling numbers hit wheat farmers hard \| AP News](https://feedsoft.ai/events/56112-falling-numbers-hit-wheat-farmers-hard-ap-news.md) | -0.1% | -1.6% |

## Sources

- farming.co.uk: https://farming.co.uk/news/weekly-wheat--osr-roundup-from-adm

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