# Daily market wire 27 February 2018 - Grain Central

> Grain futures rose on February 27, 2018, with CBOT wheat up 7.25 cents and corn up 2.25 cents. Wheat gained on dry US Southern Plains forecasts and cold-related concerns in Europe, while Argentine corn crop conditions declined. Russian wheat was quoted at $205 per tonne FOB.

- Date: 2018-02-26 · published 2018-02-26T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/11656-daily-market-wire-27-february-2018-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)

## Why it matters

Dry US Plains weather and deteriorating Argentine corn conditions tighten global supply, supporting wheat and corn prices. Potential Indian wheat imports of 5-7 million tonnes would further reduce stocks.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-02-17 | [Daily Market Wire 17 February 2021 - Grain Central](https://feedsoft.ai/events/9255-daily-market-wire-17-february-2021-grain-central.md) | +0.8% | -0.3% |
| WHEAT | 2018-02-28 | [Daily market wire 2 March 2018 - Grain Central](https://feedsoft.ai/events/12436-daily-market-wire-2-march-2018-grain-central.md) | +2.3% | +1.0% |
| WHEAT | 2017-05-01 | [Daily market wire 2 May 2017 - Grain Central](https://feedsoft.ai/events/6137-daily-market-wire-2-may-2017-grain-central.md) | +2.3% | +1.5% |
| WHEAT | 2019-05-21 | [Daily Market Wire 21 May 2019 - Grain Central](https://feedsoft.ai/events/5632-daily-market-wire-21-may-2019-grain-central.md) | -13.2% | -6.0% |
| WHEAT | 2025-03-17 | [Daily Market Wire 18 March 2025 - Grain Central](https://feedsoft.ai/events/5625-daily-market-wire-18-march-2025-grain-central.md) | +5.3% | +2.5% |
| KWHEAT | 2021-02-17 | [Daily Market Wire 17 February 2021 - Grain Central](https://feedsoft.ai/events/9255-daily-market-wire-17-february-2021-grain-central.md) | +0.5% | -4.6% |
| KWHEAT | 2018-02-28 | [Daily market wire 2 March 2018 - Grain Central](https://feedsoft.ai/events/12436-daily-market-wire-2-march-2018-grain-central.md) | +8.2% | -5.1% |
| KWHEAT | 2017-05-01 | [Daily market wire 2 May 2017 - Grain Central](https://feedsoft.ai/events/6137-daily-market-wire-2-may-2017-grain-central.md) | +3.1% | +3.0% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-26-february-2018-2/

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