# Global wheat prices started the week with rapid growth

> Wheat futures in Chicago, Kansas City and Minneapolis rose over two sessions after drought in Ukraine and Russia raised concerns about winter crops. US winter wheat was 80% sown and 46% rated good or excellent, while US wheat exports were 17% behind last year's pace.

- Date: 2021-10-26 · published 2021-10-26T12:00:00.000Z
- Category: weather · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/44581-global-wheat-prices-started-the-week-with-rapid-growth
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Drought risk in the Black Sea and weaker US export pace shape the wheat balance, supporting feed grain prices as buyers weigh future supply.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-05-15 | [Wheat prices have started to recover thanks to the speculators](https://feedsoft.ai/events/53181-wheat-prices-have-started-to-recover-thanks-to-the-speculators.md) | +0.5% | +0.7% |
| WHEAT | 2018-08-04 | [Global Heat Wave Toasts Wheat and Prices Soar](https://feedsoft.ai/events/9684-global-heat-wave-toasts-wheat-and-prices-soar.md) | +2.9% | +1.6% |
| WHEAT | 2021-05-13 | [A"maize"ing global support for wheat prices \| The Land \| NSW](https://feedsoft.ai/events/47137-a-maize-ing-global-support-for-wheat-prices-the-land-nsw.md) | -1.8% | -4.6% |
| WHEAT | 2021-07-22 | [Barley prices in Ukraine accelerated growth amid a sharp rise in the price of wheat and corn -](https://feedsoft.ai/events/12497-barley-prices-in-ukraine-accelerated-growth-amid-a-sharp-rise-in-the-price-of.md) | -1.2% | +0.8% |
| WHEAT | 2024-10-10 | [Harsh weather curbs global wheat output, buoys prices - Grainews](https://feedsoft.ai/events/27902-harsh-weather-curbs-global-wheat-output-buoys-prices-grainews.md) | -0.5% | -1.3% |
| CORN | 2020-05-15 | [Wheat prices have started to recover thanks to the speculators](https://feedsoft.ai/events/53181-wheat-prices-have-started-to-recover-thanks-to-the-speculators.md) | -0.3% | +2.8% |
| CORN | 2021-05-13 | [A"maize"ing global support for wheat prices \| The Land \| NSW](https://feedsoft.ai/events/47137-a-maize-ing-global-support-for-wheat-prices-the-land-nsw.md) | -7.7% | -2.2% |
| CORN | 2021-07-22 | [Barley prices in Ukraine accelerated growth amid a sharp rise in the price of wheat and corn -](https://feedsoft.ai/events/12497-barley-prices-in-ukraine-accelerated-growth-amid-a-sharp-rise-in-the-price-of.md) | -2.8% | -2.1% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/svitovi-tcini-na-pshenitcyu-rozpochali-tizhden-strimkim-zrostannyam.html

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