# Insight: U.S. wheat crop hit by dry winter then soggy spring, adding to global tightness | Reuters

> Reuters reports that the U.S. wheat crop has been hit by a dry winter followed by a soggy spring. Chicago wheat had already surged about 50% to above $13.60 a bushel after Russia's invasion halted shipments of nearly a third of world wheat exports.

- Date: 2022-05-31 · published 2022-05-31T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/41447-insight-u-s-wheat-crop-hit-by-dry-winter-then-soggy-spring-adding-to-global
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A smaller U.S. hard red winter crop adds to global tightness and supports wheat prices, especially for buyers who depend on HRW supplies.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-03-13 | [Drought threat intensifies for U.S. Plains winter wheat crop](https://feedsoft.ai/events/66052-drought-threat-intensifies-for-u-s-plains-winter-wheat-crop.md) | -1.6% | +0.5% |
| WHEAT | 2023-09-14 | [Tight global wheat story is stuck on repeat, supporting market bears  \| Reuters](https://feedsoft.ai/events/34029-tight-global-wheat-story-is-stuck-on-repeat-supporting-market-bears-reuters.md) | +0.5% | -2.1% |
| WHEAT | 2022-04-13 | [U.S. Hard Red Winter Wheat in Drought Adds Supply Concerns](https://feedsoft.ai/events/41905-u-s-hard-red-winter-wheat-in-drought-adds-supply-concerns.md) | -0.5% | +6.1% |
| WHEAT | 2020-09-22 | [Drought hampering Black Sea crop sowing sparks light in wheat prices
 \| The Land \| NSW](https://feedsoft.ai/events/51175-drought-hampering-black-sea-crop-sowing-sparks-light-in-wheat-prices-the-land.md) | +5.6% | +10.6% |
| WHEAT | 2022-03-09 | [US Winter Wheat Production Won’t Ease Tight Global Supplies](https://feedsoft.ai/events/42322-us-winter-wheat-production-won-t-ease-tight-global-supplies.md) | -3.1% | +3.6% |
| KWHEAT | 2018-03-13 | [Drought threat intensifies for U.S. Plains winter wheat crop](https://feedsoft.ai/events/66052-drought-threat-intensifies-for-u-s-plains-winter-wheat-crop.md) | -7.6% | +2.5% |
| KWHEAT | 2023-09-14 | [Tight global wheat story is stuck on repeat, supporting market bears  \| Reuters](https://feedsoft.ai/events/34029-tight-global-wheat-story-is-stuck-on-repeat-supporting-market-bears-reuters.md) | -1.1% | -9.5% |
| KWHEAT | 2022-04-13 | [U.S. Hard Red Winter Wheat in Drought Adds Supply Concerns](https://feedsoft.ai/events/41905-u-s-hard-red-winter-wheat-in-drought-adds-supply-concerns.md) | +0.1% | +2.1% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-wheat-crop-hit-by-dry-winter-then-soggy-spring-adding-global-tightness-2022-05-31/

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