# Wheat prices in Ukraine fall under pressure from falling world prices

> Wheat futures fell on August 22, with Chicago SRW down 2.6%, Kansas City HRW down 1.9%, Minneapolis HRS down 1.6% and Paris down 2.4%, as harvest completion and a higher Russian harvest forecast weighed. SovEcon raised its Russian wheat forecast to 83.3 mln t while cutting Russian corn and barley.

- Date: 2024-08-23 · published 2024-08-23T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/28813-wheat-prices-in-ukraine-fall-under-pressure-from-falling-world-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A larger Russian crop pressures Black Sea export prices, though a cut in Russian corn and barley could raise feed wheat demand later in the season.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bearish ▼
- BARLEY: bullish ▲
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-03-25 | [Wheat prices fall amid increased rainfall in the US, Ukraine and Russia, which increases pressure on prices in Ukraine](https://feedsoft.ai/events/25622-wheat-prices-fall-amid-increased-rainfall-in-the-us-ukraine-and-russia-which.md) | -1.9% | +1.7% |
| WHEAT | 2025-03-25 | [Wheat Prices Drop: Rainfall's Impact in USA, Ukraine, Russia](https://feedsoft.ai/events/25634-wheat-prices-drop-rainfall-s-impact-in-usa-ukraine-russia.md) | -1.9% | +1.7% |
| WHEAT | 2025-04-29 | [Wheat prices are under pressure from improved weather conditions for the new crop](https://feedsoft.ai/events/25156-wheat-prices-are-under-pressure-from-improved-weather-conditions-for-the-new.md) | +2.1% | -2.8% |
| WHEAT | 2017-08-01 | [Wheat Prices Fall as Drought Worsens](https://feedsoft.ai/events/7130-wheat-prices-fall-as-drought-worsens.md) | -3.6% | -4.9% |
| WHEAT | 2018-04-18 | [Wheat prices fall on US rain, but dry threat remains for winter crop \| Farm Online \| ACT](https://feedsoft.ai/events/65564-wheat-prices-fall-on-us-rain-but-dry-threat-remains-for-winter-crop-farm-online.md) | +0.1% | -0.9% |
| KWHEAT | 2025-03-25 | [Wheat prices fall amid increased rainfall in the US, Ukraine and Russia, which increases pressure on prices in Ukraine](https://feedsoft.ai/events/25622-wheat-prices-fall-amid-increased-rainfall-in-the-us-ukraine-and-russia-which.md) | -3.6% | -5.5% |
| KWHEAT | 2025-03-25 | [Wheat Prices Drop: Rainfall's Impact in USA, Ukraine, Russia](https://feedsoft.ai/events/25634-wheat-prices-drop-rainfall-s-impact-in-usa-ukraine-russia.md) | -3.6% | -5.5% |
| KWHEAT | 2025-04-29 | [Wheat prices are under pressure from improved weather conditions for the new crop](https://feedsoft.ai/events/25156-wheat-prices-are-under-pressure-from-improved-weather-conditions-for-the-new.md) | -0.9% | -0.0% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/wheat-prices-in-ukraine-fall-under-pressure-from-falling-world-prices/

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