Wheat falls on demand worries, but set for weekly gain - Markets

After 29 past neutral weather events, Wheat (HRW) moved a median +0.6% over 5 sessions (52% higher; middle half -1.9% to +2.3%), and -0.7% over 20.

• May 17, 2024Wheat rises on Russian crop woes, but US production outlook limits gains - Markets - Business Recorder+5.6%
• Feb 18, 2025Wheat eases from 4-month highs, soybean flat - Markets - Business Recorder-4.0%
• Jun 22, 2026Wheat rallies tough to sustain, but El Niño, supply risks remain-5.1%
• Jan 23, 2026Global wheat market faces steep competition amid ample supply+4.0%
• May 20, 2024Kansas Wheat Tour Shows Crop Set to Rescue Market Plagued by Russia Shortfall - Bloomberg+9.0%

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Mar 25, 2024Wheat hits 3-week high on French crop worries - Markets - Business Recorder-0.6%
• Jul 31, 2021Wheat set for second monthly gain as drought cuts US yields - Markets - Business Recorder+1.8%
• Apr 26, 2024Wheat poised for biggest weekly rise in 2 years on supply fears - Markets - Business Recorder-2.3%
• Apr 23, 2024Chicago wheat futures extend gains - Markets - Business Recorder-1.3%
• Sep 14, 2021Paris wheat and rapeseed rally on Canada crop forecasts - Markets - Business Recorder-3.3%