# No Shortage of Problems Pointing to Higher Crop Prices Ahead

> DTN analyst Todd Hultman notes that speculative long positions in KC wheat fell to a seven-year low on economic worries and Ukrainian shipping concerns. He also cites China's national drought alert and a series of production problems, including fertilizer supply, for 2022.

- Date: 2022-08-26 · published 2022-08-26T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/40064-no-shortage-of-problems-pointing-to-higher-crop-prices-ahead
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A cluster of drought, fertilizer and shipping problems raises the risk of tighter world grain supplies, which could support higher feed grain prices later in the crop year.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-06-23 | [US Corn Crop Withers to Worst Conditions Since 1992, Driving Prices Higher](https://feedsoft.ai/events/9765-us-corn-crop-withers-to-worst-conditions-since-1992-driving-prices-higher.md) | +7.4% | -1.1% |
| WHEAT | 2026-09-21 | [Wheat prices near multi-year highs as war, weather, and harvest shortfalls converge By Investing.com](https://feedsoft.ai/events/9695-wheat-prices-near-multi-year-highs-as-war-weather-and-harvest-shortfalls.md) | +3.2% | +0.7% |
| WHEAT | 2021-08-30 | [Exports to bear brunt of short crop \| The Western Producer](https://feedsoft.ai/events/45541-exports-to-bear-brunt-of-short-crop-the-western-producer.md) | +0.2% | +0.5% |
| WHEAT | 2021-06-29 | [Extreme heat wallops wheat and canola crops, pushing prices to record highs \| CBC News](https://feedsoft.ai/events/46626-extreme-heat-wallops-wheat-and-canola-crops-pushing-prices-to-record-highs-cbc.md) | -1.2% | -4.3% |
| WHEAT | 2018-07-22 | [New grain prices move higher \| QLD](https://feedsoft.ai/events/63988-new-grain-prices-move-higher-qld.md) | +2.5% | +2.3% |
| CORN | 2023-06-23 | [US Corn Crop Withers to Worst Conditions Since 1992, Driving Prices Higher](https://feedsoft.ai/events/9765-us-corn-crop-withers-to-worst-conditions-since-1992-driving-prices-higher.md) | -8.6% | -15.1% |
| CORN | 2022-12-30 | [Third La Nina Year Influenced Lower Production, Forage Shortages and Higher Grain Prices](https://feedsoft.ai/events/38160-third-la-nina-year-influenced-lower-production-forage-shortages-and-higher.md) | -2.1% | -0.5% |
| CORN | 2021-10-18 | [Higher feed prices this winter](https://feedsoft.ai/events/44681-higher-feed-prices-this-winter.md) | +1.5% | +13.0% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2022/08/26/shortage-problems-pointing-higher

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