# Wheat markets rally after poor 2025 performance

> Farm Futures' Bruce Blythe argues wheat may be bottoming after a poor 2025, citing drought in Oklahoma and Kansas, five-year-high US wheat demand and widening premiums. Wheat ended 2025 down over 8% after hitting a six-year low in October.

- Date: 2026-02-12 · published 2026-02-12T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/20638-wheat-markets-rally-after-poor-2025-performance
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tighter supply from drought and firm demand could support wheat prices into 2026. Feed buyers should expect the recovery to continue if Plains weather stays dry.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2017-07-31 | [Canola market dips to rally, heat stress hits wheat crops - AgCanada](https://feedsoft.ai/events/69929-canola-market-dips-to-rally-heat-stress-hits-wheat-crops-agcanada.md) | -4.5% | -15.9% |
| KWHEAT | 2020-06-05 | [Euronext wheat climbs with rally in Chicago - Markets - Business Recorder](https://feedsoft.ai/events/52663-euronext-wheat-climbs-with-rally-in-chicago-markets-business-recorder.md) | -5.3% | -9.5% |
| KWHEAT | 2018-07-31 | [Sharp rally for wheat futures \| VIC](https://feedsoft.ai/events/64074-sharp-rally-for-wheat-futures-vic.md) | +7.0% | -8.4% |
| KWHEAT | 2025-02-17 | [Drought persists as top crop threat for 2025 \| Market Focus \| farmweeknow.com](https://feedsoft.ai/events/13111-drought-persists-as-top-crop-threat-for-2025-market-focus-farmweeknow-com.md) | -4.0% | -2.5% |
| WHEAT | 2021-09-14 | [Paris wheat and rapeseed rally on Canada crop forecasts - Markets - Business Recorder](https://feedsoft.ai/events/45015-paris-wheat-and-rapeseed-rally-on-canada-crop-forecasts-markets-business.md) | -3.3% | +4.8% |
| WHEAT | 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) | +0.4% | +1.5% |
| WHEAT | 2022-01-21 | [The market rally after the reports - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10893-the-market-rally-after-the-reports-agweek-1-source-for-agriculture-news-farming.md) | +0.5% | -1.6% |

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/grab-your-wheat-rally-cap

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