# Morning Grains Comments 08/30/24 | Market Reports | feedlotmagazine.com

> CBOT grain futures commentary for August 30 notes wheat higher in all three markets on stable Russian and European prices and harvest wrap-up. It also cites dry weather in Eastern Europe and Russia and excess rain in France and Germany, with support and resistance levels listed.

- Date: 2024-08-30 · published 2024-08-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/28832-morning-grains-comments-08-30-24-market-reports-feedlotmagazine-com
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Weather risk across Russia and Europe supports wheat prices, though the US and Canadian crop outlook limits the upside.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- feedlotmagazine.com: https://www.feedlotmagazine.com/market_reports/morning-grains-comments-08-30-24/article_918cebca-66e2-11ef-b5db-fb5214096819.html

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