# Daily market wire 22 March 2017 - Grain Central

> On March 22, 2017 CBOT wheat, Kansas wheat and corn fell while soybeans rose slightly. Wheat was the biggest loser after improved US winter wheat weather forecasts. Market chatter cited possible Turkish bans on Russian wheat imports.

- Date: 2017-03-21 · published 2017-03-21T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/10723-daily-market-wire-22-march-2017-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Improved Plains weather lowers the drought risk premium on wheat, while possible Turkish import restrictions on Russian wheat could tighten Black Sea-linked demand and support prices. Net effect is mixed for wheat values.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-05-06 | [Daily Market Wire 6 May 2019 - Grain Central](https://feedsoft.ai/events/7491-daily-market-wire-6-may-2019-grain-central.md) | -5.4% | -9.6% |
| WHEAT | 2019-11-05 | [Barley market awaits China news - Grain Central](https://feedsoft.ai/events/55973-barley-market-awaits-china-news-grain-central.md) | +3.0% | +7.4% |
| WHEAT | 2024-02-08 | [La Niña in 2024 could drive grain prices: Grain market daily \| AHDB](https://feedsoft.ai/events/31588-la-nina-in-2024-could-drive-grain-prices-grain-market-daily-ahdb.md) | -4.2% | -1.8% |
| WHEAT | 2020-11-24 | [Improved situation for EU winter cereal crops: Grain market daily \| AHDB](https://feedsoft.ai/events/50097-improved-situation-for-eu-winter-cereal-crops-grain-market-daily-ahdb.md) | -1.0% | +8.3% |
| WHEAT | 2019-06-13 | [Feedgrain Focus: Diverging seasons split wheat, barley market - Grain Central](https://feedsoft.ai/events/58668-feedgrain-focus-diverging-seasons-split-wheat-barley-market-grain-central.md) | -5.8% | -8.1% |
| KWHEAT | 2019-05-06 | [Daily Market Wire 6 May 2019 - Grain Central](https://feedsoft.ai/events/7491-daily-market-wire-6-may-2019-grain-central.md) | -3.5% | +23.9% |
| KWHEAT | 2025-04-23 | [Grain market review: Wheat \| World Grain](https://feedsoft.ai/events/25158-grain-market-review-wheat-world-grain.md) | -5.6% | -1.8% |
| KWHEAT | 2022-12-06 | [Competitive Black Sea wheat pressuring prices, explained: Grain market daily \| AHDB](https://feedsoft.ai/events/38266-competitive-black-sea-wheat-pressuring-prices-explained-grain-market-daily-ahdb.md) | +3.0% | -1.6% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-22-march-2017/

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