# Checking for Tailwinds in Wheat - Alberta Grains

> Strong winds, low humidity and above-average temperatures left nearly one-quarter of US winter wheat in poor or very poor condition as it entered dormancy. The rating is the worst since 2012 and the second-worst on record, and topsoil moisture is low.

- Date: 2021-12-29 · published 2021-12-29T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/43648-checking-for-tailwinds-in-wheat-alberta-grains
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Poor winter wheat condition and dry soils raise the risk of a smaller US HRW crop, which supports wheat prices and the cost of wheat used in feed.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2021-11-29 | [Wheat Markets Find New Legs in Australia - Alberta Grains](https://feedsoft.ai/events/44081-wheat-markets-find-new-legs-in-australia-alberta-grains.md) | -5.0% | -2.1% |
| KWHEAT | 2023-04-17 | [Feeling Bullish About Wheat Prices Again? - Alberta Grains](https://feedsoft.ai/events/36465-feeling-bullish-about-wheat-prices-again-alberta-grains.md) | -4.3% | +1.5% |
| KWHEAT | 2018-03-05 | [U.S. grains: Wheat, soybeans firm - Alberta Farmer Express](https://feedsoft.ai/events/12437-u-s-grains-wheat-soybeans-firm-alberta-farmer-express.md) | -2.7% | -10.4% |
| KWHEAT | 2024-04-26 | [Dry Russian winter wheat areas in focus: Grain market daily \| AHDB](https://feedsoft.ai/events/12145-dry-russian-winter-wheat-areas-in-focus-grain-market-daily-ahdb.md) | +0.8% | +12.5% |
| 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% |
| WHEAT | 2021-11-29 | [Wheat Markets Find New Legs in Australia - Alberta Grains](https://feedsoft.ai/events/44081-wheat-markets-find-new-legs-in-australia-alberta-grains.md) | -1.1% | -3.5% |
| WHEAT | 2023-04-17 | [Feeling Bullish About Wheat Prices Again? - Alberta Grains](https://feedsoft.ai/events/36465-feeling-bullish-about-wheat-prices-again-alberta-grains.md) | +7.8% | -1.4% |
| WHEAT | 2018-03-05 | [U.S. grains: Wheat, soybeans firm - Alberta Farmer Express](https://feedsoft.ai/events/12437-u-s-grains-wheat-soybeans-firm-alberta-farmer-express.md) | +0.8% | +0.6% |

## Sources

- albertagrains.com: https://www.albertagrains.com/combined-markets/market-insider/checking-for-tailwinds-in-wheat

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