# Daily market wire 2 March 2018 - Grain Central

> CBOT wheat gained 21 cents to 505.5 cents while Kansas wheat rose about 23 cents. Funds were buying on US weather concerns, and Black Sea wheat contract open interest reached a record high amid cold temperatures and winterkill worries. Export sales of 191,000t came in below expectations.

- Date: 2018-02-28 · published 2018-02-28T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/12436-daily-market-wire-2-march-2018-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Winterkill concerns and cold weather in the Black Sea region threaten crops and support prices, although fund-driven order flow is pushing prices above fundamentals. Feed buyers face volatile wheat prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| 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 | 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% |
| WHEAT | 2017-11-19 | [Daily market wire 20 November 2017 - Grain Central](https://feedsoft.ai/events/68031-daily-market-wire-20-november-2017-grain-central.md) | -3.0% | -2.7% |
| SOY | 2017-03-21 | [Daily market wire 22 March 2017 - Grain Central](https://feedsoft.ai/events/10723-daily-market-wire-22-march-2017-grain-central.md) | -2.8% | -5.4% |
| SOY | 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) | +1.9% | -2.0% |
| SOY | 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) | +2.9% | +9.8% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-1-march-2018/
- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-2-march-2018/

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