# Farming News - Roundup of the OSR,Wheat & Fertiliser Markets

> A roundup of the March 9, 2018 USDA report described it as mildly bearish for wheat and slightly friendly for corn. USDA raised US wheat stocks and global stocks on reduced Indian usage, and Brazil's corn crop was cut only 0.5 million tonnes to 84.5 million. EU wheat prices slipped on weaker global demand as the Black Sea cold snap eased and Russian logistics recovered.

- Date: 2018-03-09 · published 2018-03-09T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/10892-farming-news-roundup-of-the-osr-wheat-and-fertiliser-markets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher wheat stocks and easing Black Sea logistics add supply and pressure export prices, which weighs on wheat used in feed. A small Brazilian corn cut keeps corn supply ample, limiting feed grain price gains.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-12-08 | [Farming News - US & EU wheat price down - the Weekly Markets](https://feedsoft.ai/events/11626-farming-news-us-and-eu-wheat-price-down-the-weekly-markets.md) | -3.7% | -1.3% |
| WHEAT | 2019-12-13 | [Farming News - ADM Market Report – feed wheat and oilseed rape](https://feedsoft.ai/events/55527-farming-news-adm-market-report-feed-wheat-and-oilseed-rape.md) | +2.1% | +4.6% |
| WHEAT | 2018-01-18 | [More bad news for the wheat market](https://feedsoft.ai/events/67024-more-bad-news-for-the-wheat-market.md) | +2.9% | +5.9% |
| WHEAT | 2017-09-15 | [Farming News - No shortage of Wheat in the world - Weekly Wheat and OSR report from Gleadell](https://feedsoft.ai/events/68919-farming-news-no-shortage-of-wheat-in-the-world-weekly-wheat-and-osr-report-from.md) | +0.7% | +3.6% |
| WHEAT | 2020-06-07 | [Have the markets found a bottom? - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/9493-have-the-markets-found-a-bottom-agweek-1-source-for-agriculture-news-farming.md) | -0.3% | -6.4% |
| CORN | 2019-04-26 | [Size of Russian wheat crop takes toll on market - Farmers Weekly](https://feedsoft.ai/events/10961-size-of-russian-wheat-crop-takes-toll-on-market-farmers-weekly.md) | +0.6% | +5.3% |
| CORN | 2021-03-09 | [U.S. Department of Agriculture kicks can down the road on domestic stocks in March WASDE - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/48070-u-s-department-of-agriculture-kicks-can-down-the-road-on-domestic-stocks-in.md) | -10.3% | -1.3% |
| CORN | 2017-03-19 | [Markets preparing for spring - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10725-markets-preparing-for-spring-agweek-1-source-for-agriculture-news-farming.md) | -2.1% | -0.6% |

## Sources

- farming.co.uk: https://farming.co.uk/news/roundup-of-the-osrwheat--fertiliser-markets

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