# Arable Market Report - 28 October 2024 | AHDB

> The weekly AHDB arable report notes global wheat prices were pressured while maize was supported, with Russian export competitiveness and forecast favourable weather weighing on values. US winter wheat was 58% in drought, and French soft wheat planting lagged the five-year average.

- Date: 2024-10-28 · published 2024-10-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/27933-arable-market-report-28-october-2024-ahdb
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Competitive Russian export pricing and a rapid US harvest cap global cereal values, while US drought and slow French planting add some support for barley and wheat over the coming months.

## Read by commodity

- CORN: bullish ▲
- WHEAT: neutral
- BARLEY: neutral

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/arable-market-report-28-october-2024

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