
Wheat prices across world exchanges fell 1.8-2.2% as rainfall in U.S., Ukrainian and Russian winter wheat areas improved crop conditions. Chicago SRW fell to $201.45/t and Paris Euronext to $240/t, with Ukrainian export prices also declining.
Improved moisture reduces drought risk and pressures wheat export prices, particularly for Ukraine, while firmer Russian export quotes partly offset the decline.
After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% over 20.
After 70 past bearish weather events, Wheat (HRW) moved a median -0.6% over 5 sessions (41% higher; middle half -3.9% to +2.5%), and -1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.