# HRS Wheat at Support - With Crop Ratings Near the 40-Year Low - Walsh Trading

> Hard Red Spring wheat crop ratings are near a 40-year low, and wheat prices are holding at technical support. Soybeans fell on new short positions, and the weather outlook is leaning bearish for the crop.

- Date: 2025-05-29 · published 2025-05-29T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/24731-hrs-wheat-at-support-with-crop-ratings-near-the-40-year-low-walsh-trading
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Poor spring wheat crop ratings tighten northern wheat supplies and support prices, while a bearish weather outlook for soybeans weighs on that crop. Buyers should watch crop-condition reports for further moves.

## Read by commodity

- SOY: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-06-05 | [French soft wheat crop rating stable at nine-year low - Markets - Business Recorder](https://feedsoft.ai/events/52549-french-soft-wheat-crop-rating-stable-at-nine-year-low-markets-business-recorder.md) | -0.7% | +0.6% |
| WHEAT | 2019-02-19 | [Australian wheat crop falls to an 11-year low \| SA](https://feedsoft.ai/events/60575-australian-wheat-crop-falls-to-an-11-year-low-sa.md) | -3.8% | -0.5% |
| WHEAT | 2024-06-24 | [French soft wheat rating holds at four-year low as rain persists](https://feedsoft.ai/events/29703-french-soft-wheat-rating-holds-at-four-year-low-as-rain-persists.md) | -6.8% | -2.9% |
| WHEAT | 2024-04-29 | [The Latest News About the U.S. Wheat Crop](https://feedsoft.ai/events/30782-the-latest-news-about-the-u-s-wheat-crop.md) | -1.8% | +21.1% |
| WHEAT | 2018-07-25 | [Strategie Grains cuts EU soft wheat crop estimate to 6-year low \| The Western Producer](https://feedsoft.ai/events/63978-strategie-grains-cuts-eu-soft-wheat-crop-estimate-to-6-year-low-the-western.md) | -0.6% | -0.6% |
| SOY | 2022-06-29 | [With world short of wheat, Argentina farmers worry about crop \| Reuters](https://feedsoft.ai/events/14026-with-world-short-of-wheat-argentina-farmers-worry-about-crop-reuters.md) | -5.0% | -5.1% |
| SOY | 2023-12-27 | [The Crop Year of Surprises](https://feedsoft.ai/events/13223-the-crop-year-of-surprises.md) | -3.3% | -6.9% |
| SOY | 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) | +0.3% | +7.0% |

## Sources

- walshtrading.com: https://walshtrading.com/hrs-wheat-at-support-with-crop-ratings-near-the-40-year-low/

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