# Wheat extends losses on better US crop outlook, firmer dollar - Markets - Business Recorder

> Chicago wheat fell for a fourth straight session as USDA data showed US winter wheat conditions improving to 55% good-to-excellent, ahead of expectations. A firmer dollar after Trump announced tariffs on Mexico and Canada also weighed on grain prices, and corn eased.

- Date: 2024-11-26 · published 2024-11-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/11777-wheat-extends-losses-on-better-us-crop-outlook-firmer-dollar-markets-business
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Better US winter wheat ratings raise expected global supply and pressure CBOT prices, while a stronger dollar makes US exports less competitive.

## Read by commodity

- DXY: bullish ▲
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-05-15 | [Expana lifts EU wheat, abarley crop outlook, cuts maize - Markets - Business Recorder](https://feedsoft.ai/events/19181-expana-lifts-eu-wheat-abarley-crop-outlook-cuts-maize-markets-business-recorder.md) | +1.2% | -3.5% |
| WHEAT | 2025-06-24 | [Southern Europe lifts EU wheat yield outlook - Markets - Business Recorder](https://feedsoft.ai/events/24138-southern-europe-lifts-eu-wheat-yield-outlook-markets-business-recorder.md) | +1.4% | -1.8% |
| WHEAT | 2023-10-04 | [Chicago wheat down - Markets - Business Recorder](https://feedsoft.ai/events/7138-chicago-wheat-down-markets-business-recorder.md) | +4.6% | +4.7% |
| WHEAT | 2022-07-13 | [US MIDDAY: Grains: Losses deepen - Markets - Business Recorder](https://feedsoft.ai/events/4310-us-midday-grains-losses-deepen-markets-business-recorder.md) | +8.2% | +8.0% |
| WHEAT | 2022-04-17 | [French soft wheat crop rating stable - Markets - Business Recorder](https://feedsoft.ai/events/41779-french-soft-wheat-crop-rating-stable-markets-business-recorder.md) | -0.7% | +7.2% |
| CORN | 2021-03-10 | [Wheat inches lower, subdued USDA forecast caps losses - Markets - Business Recorder](https://feedsoft.ai/events/7082-wheat-inches-lower-subdued-usda-forecast-caps-losses-markets-business-recorder.md) | -9.5% | -0.3% |
| CORN | 2023-10-04 | [Chicago wheat down - Markets - Business Recorder](https://feedsoft.ai/events/7138-chicago-wheat-down-markets-business-recorder.md) | -0.6% | -2.7% |
| CORN | 2022-07-13 | [US MIDDAY: Grains: Losses deepen - Markets - Business Recorder](https://feedsoft.ai/events/4310-us-midday-grains-losses-deepen-markets-business-recorder.md) | -11.6% | -12.4% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40334460

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