# Grain markets face familiar global supply pressures | ANZ

> ANZ reports renewed global grain supply concerns from drought in the US and Europe, which has cut production prospects for high-protein wheat. Ongoing Black Sea conflict has also restricted Ukrainian and Russian exports.

- Date: 2026-09-11 · published 2026-09-11T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/17507-grain-markets-face-familiar-global-supply-pressures-anz
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Combined weather losses and export disruption tighten wheat supply, supporting prices, though comfortable carry-over stocks and softer demand than 2022 should limit the rally.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2019-01-28 | [Global grain prices on the move \| Farm Online \| ACT](https://feedsoft.ai/events/61168-global-grain-prices-on-the-move-farm-online-act.md) | -0.1% | -13.2% |
| KWHEAT | 2021-07-29 | [Weather adds uncertainty to global grain markets: Feed market report \| AHDB](https://feedsoft.ai/events/46176-weather-adds-uncertainty-to-global-grain-markets-feed-market-report-ahdb.md) | +5.3% | +6.4% |
| KWHEAT | 2019-12-10 | [What Surprises Are Stirring the Global Wheat Markets? \| CZ app](https://feedsoft.ai/events/10580-what-surprises-are-stirring-the-global-wheat-markets-cz-app.md) | +12.3% | +16.6% |
| KWHEAT | 2024-04-22 | [U.S. grains: Wheat futures rally as weather risks rattle markets - AgCanada](https://feedsoft.ai/events/12140-u-s-grains-wheat-futures-rally-as-weather-risks-rattle-markets-agcanada.md) | +11.1% | +13.8% |
| KWHEAT | 2019-05-29 | [Daily US grain report: grain futures markets on fire, but for how long?
						 \| The Pig Site](https://feedsoft.ai/events/10896-daily-us-grain-report-grain-futures-markets-on-fire-but-for-how-long-the-pig.md) | +1.7% | +1.0% |
| WHEAT | 2021-09-30 | [Grain prices surge as supply comes under pressure - Farmers Weekly](https://feedsoft.ai/events/45128-grain-prices-surge-as-supply-comes-under-pressure-farmers-weekly.md) | +5.6% | +8.7% |
| WHEAT | 2022-01-18 | [Global supplies, climate, and political pressure impacting prices for grain farmers \| farmnewsNOW](https://feedsoft.ai/events/11812-global-supplies-climate-and-political-pressure-impacting-prices-for-grain.md) | +2.2% | -0.4% |
| WHEAT | 2019-01-28 | [Global grain prices on the move \| Farm Online \| ACT](https://feedsoft.ai/events/61168-global-grain-prices-on-the-move-farm-online-act.md) | +0.1% | -2.8% |

## Sources

- anz.com.au: https://www.anz.com.au/newsroom/media/2026/september/grain-markets-face-familiar-global-supply-pressures/

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