# Wheat prices higher amid Russian quality concerns - Brownfield Ag News

> US wheat futures rose after a private agency reported Russia's winter wheat condition rating at about 31%, the weakest for this time of year in roughly 23 years. Quality issues in Australia also supported prices, and a weaker US dollar was noted as a possible help to US exports.

- Date: 2024-12-05 · published 2024-12-05T12:00:00.000Z
- Category: weather · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/27013-wheat-prices-higher-amid-russian-quality-concerns-brownfield-ag-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Poor Russian crop conditions threaten supply from the world's largest wheat exporter, which tends to lift global wheat prices and feed-grade alternatives. Buyers should expect firmer wheat costs if dryness or cold damage persists.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-06-07 | [Corn, soybeans higher on weather concerns - Brownfield Ag News](https://feedsoft.ai/events/70428-corn-soybeans-higher-on-weather-concerns-brownfield-ag-news.md) | -0.9% | +1.9% |
| WHEAT | 2017-04-28 | [Wheat supported by weather concerns - Brownfield Ag News](https://feedsoft.ai/events/71544-wheat-supported-by-weather-concerns-brownfield-ag-news.md) | +2.4% | +1.5% |
| WHEAT | 2017-06-29 | [Wheat surges on weather concerns in Plains - Brownfield Ag News](https://feedsoft.ai/events/9719-wheat-surges-on-weather-concerns-in-plains-brownfield-ag-news.md) | +2.3% | -2.9% |
| WHEAT | 2017-02-02 | [Minneapolis leads wheat complex higher - Brownfield Ag News](https://feedsoft.ai/events/8598-minneapolis-leads-wheat-complex-higher-brownfield-ag-news.md) | +3.4% | +2.4% |
| WHEAT | 2022-12-07 | [Soybeans, meal extend gains, with corn, wheat higher - Brownfield Ag News](https://feedsoft.ai/events/38367-soybeans-meal-extend-gains-with-corn-wheat-higher-brownfield-ag-news.md) | +10.0% | +8.7% |
| KWHEAT | 2017-06-29 | [Wheat surges on weather concerns in Plains - Brownfield Ag News](https://feedsoft.ai/events/9719-wheat-surges-on-weather-concerns-in-plains-brownfield-ag-news.md) | +15.0% | +4.2% |
| KWHEAT | 2017-02-02 | [Minneapolis leads wheat complex higher - Brownfield Ag News](https://feedsoft.ai/events/8598-minneapolis-leads-wheat-complex-higher-brownfield-ag-news.md) | +0.3% | +4.5% |
| KWHEAT | 2017-03-06 | [Winter wheat up on early emergence, dry weather - Brownfield Ag News](https://feedsoft.ai/events/72048-winter-wheat-up-on-early-emergence-dry-weather-brownfield-ag-news.md) | -3.6% | -9.0% |

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/news/wheat-prices-higher-amid-russian-quality-concerns/

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