# Wheat Continues to Rally, While Row Crops Prices Ease: Markets Watching Weather - AgWeb

> Wheat rose for a seventh straight day on technical buying, fund short covering, and concerns over US, global and Canadian production. Corn and soybeans eased near chart resistance as rain in dry Western Corn Belt areas weighed on prices.

- Date: 2024-04-26 · published 2024-04-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/12144-wheat-continues-to-rally-while-row-crops-prices-ease-markets-watching-weather
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Production concerns in several wheat exporters support wheat prices, while rain in the Corn Belt and rangebound corn and soybean markets limit gains in row crops.

## Read by commodity

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

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/wheat-continues-rally-while-row-crops-prices-ease-markets-watching-weather

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