# Grain markets don’t wait for Fed

> Grain futures rallied as cold temperatures threatened soft red winter wheat fields along the Ohio River. Traders were also watching crude oil ahead of inventory data while the Federal Reserve meeting was pending.

- Date: 2017-03-15 · published 2017-03-15T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/11201-grain-markets-don-t-wait-for-fed
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Freeze risk to SRW wheat can tighten nearby supplies and support wheat prices, though the impact depends on whether crop damage materializes.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-06-09 | [Weather fears bolster grain markets against](https://feedsoft.ai/events/70424-weather-fears-bolster-grain-markets-against.md) | -1.0% | +0.5% |
| WHEAT | 2020-10-05 | [Grain Markets Start the Week Higher - ProAg](https://feedsoft.ai/events/11633-grain-markets-start-the-week-higher-proag.md) | +1.8% | +3.4% |
| WHEAT | 2018-04-05 | [The wait is on for rain \| The Land \| NSW](https://feedsoft.ai/events/65462-the-wait-is-on-for-rain-the-land-nsw.md) | +0.6% | +6.9% |
| WHEAT | 2024-05-21 | [Grain market review: Wheat \| World Grain](https://feedsoft.ai/events/4592-grain-market-review-wheat-world-grain.md) | -7.2% | -10.5% |
| WHEAT | 2018-02-26 | [Daily market wire 27 February 2018 - Grain Central](https://feedsoft.ai/events/11656-daily-market-wire-27-february-2018-grain-central.md) | +1.4% | +1.3% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/grain-markets-don-t-wait-for-fed

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