# Chicago wheat stumbles on improved harvest prospects - Markets - Business Recorder

> Chicago wheat fell on improved US Plains yield prospects, with a Kansas crop tour projecting the highest yield in four years. Soybeans and corn also eased on favourable Midwest planting conditions, while soyoil fell limit down on uncertainty over US biofuel mandates.

- Date: 2025-05-18 · published 2025-05-18T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/24709-chicago-wheat-stumbles-on-improved-harvest-prospects-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Better US crop prospects and benign Midwest weather increase supply expectations and pressure corn, soybean and wheat prices.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-03-25 | [Wheat nears 3-month low on supply prospects; soy, corn also decline - Markets - Business Recorder](https://feedsoft.ai/events/12661-wheat-nears-3-month-low-on-supply-prospects-soy-corn-also-decline-markets.md) | -0.8% | +0.5% |
| WHEAT | 2021-03-12 | [Wheat flat; set for second weekly drop as US weather improves - Markets - Business Recorder](https://feedsoft.ai/events/5121-wheat-flat-set-for-second-weekly-drop-as-us-weather-improves-markets-business.md) | -0.3% | +0.5% |
| WHEAT | 2021-05-10 | [Paris wheat drops - Markets - Business Recorder](https://feedsoft.ai/events/11412-paris-wheat-drops-markets-business-recorder.md) | +3.5% | -1.9% |
| WHEAT | 2024-09-28 | [Soy futures soar on US weather woes - Markets - Business Recorder](https://feedsoft.ai/events/28337-soy-futures-soar-on-us-weather-woes-markets-business-recorder.md) | +0.6% | -6.3% |
| WHEAT | 2021-06-21 | [Wheat down 9-11 cents, corn down 13-19 cents, soy down 18-25 cents - Markets - Business Recorder](https://feedsoft.ai/events/7306-wheat-down-9-11-cents-corn-down-13-19-cents-soy-down-18-25-cents-markets.md) | -8.4% | -11.3% |
| KWHEAT | 2021-03-25 | [Wheat nears 3-month low on supply prospects; soy, corn also decline - Markets - Business Recorder](https://feedsoft.ai/events/12661-wheat-nears-3-month-low-on-supply-prospects-soy-corn-also-decline-markets.md) | -0.1% | +15.8% |
| KWHEAT | 2021-03-12 | [Wheat flat; set for second weekly drop as US weather improves - Markets - Business Recorder](https://feedsoft.ai/events/5121-wheat-flat-set-for-second-weekly-drop-as-us-weather-improves-markets-business.md) | -1.5% | -1.6% |
| KWHEAT | 2023-04-25 | [Wheat hovers near 21-month low as weather, exports weigh - Markets - Business Recorder](https://feedsoft.ai/events/10361-wheat-hovers-near-21-month-low-as-weather-exports-weigh-markets-business.md) | -5.4% | -0.9% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40363265

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