Hard Red Winter Wheat Crop Rivals 2023 Disaster After Drought and Freeze Damage

After 322 past bullish weather events, Wheat (HRW) moved a median -0.1% over 5 sessions (49% higher; middle half -2.5% to +3.2%), and +1.0% over 20.

• Apr 13, 2022U.S. Hard Red Winter Wheat in Drought Adds Supply Concerns+0.1%
• Jun 23, 2025How Much Weather-Related Damage Has Affected US Winter Wheat?-8.4%
• Dec 16, 2017Drought leaves U.S. Plains wheat vulnerable to freeze damage+1.1%
• Mar 13, 2018Drought threat intensifies for U.S. Plains winter wheat crop-7.6%
• Apr 29, 2026U.S. hard red winter wheat crop finds itself in trouble | The Western Producer-2.8%

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Apr 13, 2022U.S. Hard Red Winter Wheat in Drought Adds Supply Concerns-0.5%
• Dec 16, 2017Drought leaves U.S. Plains wheat vulnerable to freeze damage+0.3%
• Mar 13, 2018Drought threat intensifies for U.S. Plains winter wheat crop-1.6%
• Apr 29, 2026U.S. hard red winter wheat crop finds itself in trouble | The Western Producer-3.1%
• Apr 23, 2026Wheat Futures Climb as Drought Hits Winter Crop - Daily Grain Highlights | MarketScreener+1.4%