# Commodity price trends: March 2017 | Product News | British Baker

> UK milling wheat rose 3.6% month on month to £145 per tonne after UK production for 2016/17 was forecast down 12% year on year. EU milling wheat also increased on concerns that cold weather in Eastern Europe may have damaged crops, while Canadian prices rose on Alberta weather concerns.

- Date: 2017-03-14 · published 2017-03-14T12:00:00.000Z
- Category: weather · region Europe · magnitude low
- Page: https://feedsoft.ai/events/11208-commodity-price-trends-march-2017-product-news-british-baker
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower UK output and weather-related crop risk in Europe and Canada tighten milling wheat supplies and support global wheat prices.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-07-28 | [Commodity price trends: August 2017 \| Product News \| British Baker](https://feedsoft.ai/events/7129-commodity-price-trends-august-2017-product-news-british-baker.md) | +6.3% | -0.9% |
| WHEAT | 2018-03-05 | [Weather to blame for falling farmer incomes and production, commodity forecaster ABARES says - ABC News](https://feedsoft.ai/events/65949-weather-to-blame-for-falling-farmer-incomes-and-production-commodity-forecaster.md) | +0.8% | +0.6% |
| WHEAT | 2018-09-03 | [Feed prices ‘unsustainable’ as tough market conditions impact egg producer margins - FarmingUK News](https://feedsoft.ai/events/63040-feed-prices-unsustainable-as-tough-market-conditions-impact-egg-producer.md) | +4.3% | -1.9% |
| WHEAT | 2023-09-28 | [Risks to global food commodity prices from El Niño](https://feedsoft.ai/events/33997-risks-to-global-food-commodity-prices-from-el-nino.md) | -5.3% | -2.5% |
| WHEAT | 2024-06-21 | [Commodities Market Impact Weather](https://feedsoft.ai/events/13179-commodities-market-impact-weather.md) | -6.9% | -4.7% |

## Sources

- bakeryinfo.co.uk: https://bakeryinfo.co.uk/prices/commodity-price-trends-march-2017/623308.article

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