# Grains Report 04/29/2024 - Market InsightsMarket Insights

> Wheat rose last week in all three US markets on dryness in Russia and parts of the US and wet conditions in Europe. Russia's government is tightening control over exporters, and weak export sales continue amid large Black Sea and EU supplies. Chart levels were given for Chicago, Kansas City and Minneapolis.

- Date: 2024-04-29 · published 2024-04-29T12:00:00.000Z
- Category: weather · region Russia · magnitude low
- Page: https://feedsoft.ai/events/30803-grains-report-04-29-2024-market-insightsmarket-insights
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Russian export controls and weather risk could tighten global wheat supply, but large world stocks and low export prices keep the upside limited.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-06-29 | [Arable Market Report – 29 June 2026 \| AHDB](https://feedsoft.ai/events/18848-arable-market-report-29-june-2026-ahdb.md) | -0.7% | +1.7% |
| WHEAT | 2019-03-15 | [Grain market week in review - March 15, 2019](https://feedsoft.ai/events/6538-grain-market-week-in-review-march-15-2019.md) | +2.9% | +1.4% |
| WHEAT | 2018-12-18 | [Weekly Market Report - Grain Brokers Australia](https://feedsoft.ai/events/61642-weekly-market-report-grain-brokers-australia.md) | -1.8% | -2.2% |
| WHEAT | 2022-08-30 | [Arable Market Report - 30 August 2022 \| AHDB](https://feedsoft.ai/events/40115-arable-market-report-30-august-2022-ahdb.md) | -2.3% | +2.6% |
| WHEAT | 2018-06-06 | [Grain report: weather market is now increasingly sensitive  -  Premium](https://feedsoft.ai/events/64588-grain-report-weather-market-is-now-increasingly-sensitive-premium.md) | +0.2% | -6.4% |
| KWHEAT | 2024-05-21 | [Grain market review: Wheat \| World Grain](https://feedsoft.ai/events/4592-grain-market-review-wheat-world-grain.md) | +5.0% | -13.8% |
| KWHEAT | 2021-07-29 | [Weather adds uncertainty to global grain markets: Feed market report \| AHDB](https://feedsoft.ai/events/46176-weather-adds-uncertainty-to-global-grain-markets-feed-market-report-ahdb.md) | +5.3% | +6.4% |
| KWHEAT | 2026-01-29 | [SovEcon: Russian and global grain market news – January 30, 2026 - The Sizov Report blog](https://feedsoft.ai/events/21107-sovecon-russian-and-global-grain-market-news-january-30-2026-the-sizov-report.md) | -2.2% | +1.7% |

## Sources

- blog.pricegroup.com: https://blog.pricegroup.com/2024/04/29/grains-report-04-29-2024/

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