# Soaring SRW Wheat Futures Shatter All-Time High as Crisis in Ukraine Continues - AgWeb

> AgWeb reports that Soft Red Winter wheat futures hit an all-time high on Friday in consecutive limit-up sessions, topping the 2008 record on continuous charts. Ukraine and Russia together account for about 30% of global wheat production.

- Date: 2022-03-04 · published 2022-03-04T12:00:00.000Z
- Category: market · region US · magnitude high
- Page: https://feedsoft.ai/events/42311-soaring-srw-wheat-futures-shatter-all-time-high-as-crisis-in-ukraine-continues
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A record SRW futures price signals acute supply fear and raises the cost of wheat used in feed rations.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2022-03-04 | 5 | +10.4% | 2.8 | Record SRW wheat futures on Mar 4 show strong grain complex momentum, with corn following via feed substitution. |

## Sources

- agweb.com: https://www.agweb.com/news/crops/wheat/soaring-srw-wheat-futures-shatter-all-time-high-crisis-ukraine-continues

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