# Harsh weather curbs global wheat output, buoys prices - Grainews

> Reuters reports harsh weather is cutting wheat output in major exporters including Russia, Argentina and Australia, pushing world inventories toward nine-year lows. Russian attacks on Black Sea grain ships have renewed supply concerns. Dryness is also threatening 2025 plantings in Russia, Ukraine and the US.

- Date: 2024-10-10 · published 2024-10-10T12:00:00.000Z
- Category: weather · region Global · magnitude high
- Page: https://feedsoft.ai/events/27902-harsh-weather-curbs-global-wheat-output-buoys-prices-grainews
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Tightening global wheat supplies from major exporters support prices and may lift demand for wheat substitutes in feed rations.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-05-22 | [Black Sea, Canadian wheat prices surge on weather, crop fears \| S&P Global](https://feedsoft.ai/events/30289-black-sea-canadian-wheat-prices-surge-on-weather-crop-fears-s-and-p-global.md) | -7.4% | -10.9% |
| WHEAT | 2019-07-29 | [U.S. grains: Wheat rises as dry weather curbs Russian output; corn firm - AgCanada](https://feedsoft.ai/events/58150-u-s-grains-wheat-rises-as-dry-weather-curbs-russian-output-corn-firm-agcanada.md) | +0.7% | -1.2% |
| WHEAT | 2024-05-09 | [Wheat Prices Have Soared on Global Conflict, Extreme Weather - Markets Insider](https://feedsoft.ai/events/30292-wheat-prices-have-soared-on-global-conflict-extreme-weather-markets-insider.md) | +2.0% | +6.5% |
| WHEAT | 2019-05-30 | [U.S. grains: Wheat, corn, soy rally on weather woes - Grainews](https://feedsoft.ai/events/9307-u-s-grains-wheat-corn-soy-rally-on-weather-woes-grainews.md) | +9.6% | +16.2% |
| WHEAT | 2019-06-14 | [Feed weekly outlook: Grain prices strong as dry weather persists - Grainews](https://feedsoft.ai/events/58641-feed-weekly-outlook-grain-prices-strong-as-dry-weather-persists-grainews.md) | -6.0% | -8.3% |
| CORN | 2019-07-29 | [U.S. grains: Wheat rises as dry weather curbs Russian output; corn firm - AgCanada](https://feedsoft.ai/events/58150-u-s-grains-wheat-rises-as-dry-weather-curbs-russian-output-corn-firm-agcanada.md) | -0.6% | -10.6% |
| CORN | 2019-05-30 | [U.S. grains: Wheat, corn, soy rally on weather woes - Grainews](https://feedsoft.ai/events/9307-u-s-grains-wheat-corn-soy-rally-on-weather-woes-grainews.md) | -0.9% | +6.0% |
| CORN | 2021-10-26 | [Global wheat prices started the week with rapid growth](https://feedsoft.ai/events/44581-global-wheat-prices-started-the-week-with-rapid-growth.md) | +8.0% | +9.6% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/harsh-weather-curbs-global-wheat-output-buoys-prices/

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