Wheat climbs on signs of drought damage in northern U.S. Plains

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Jun 30, 2017Wheat futures rally amid worsening drought in the Northern Plains+1.3%
• Dec 16, 2017Drought leaves U.S. Plains wheat vulnerable to freeze damage+0.3%
• Mar 17, 2025U.S. grains: Wheat climbs on fears of wind damage to US crop - AgCanada+5.3%
• Jul 12, 2017Drought Likely to Worsen in Northern Plains, Patches of Midwest-2.2%
• Mar 13, 2018Drought threat intensifies for U.S. Plains winter wheat crop-1.6%

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Mar 17, 2025U.S. grains: Wheat climbs on fears of wind damage to US crop - AgCanada+7.3%
• Jun 22, 2017Northern Plains drought intensifies-2.7%
• Jul 12, 2017Drought Likely to Worsen in Northern Plains, Patches of Midwest-4.1%
• Aug 4, 2017Northern Plains drought shows why revenue protection belongs in plan-1.9%
• Apr 13, 2021Drought in Plains a Concern for U.S. Corn and Soy Crops+1.5%

After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• Apr 13, 2021Drought in Plains a Concern for U.S. Corn and Soy Crops+4.9%
• Jul 30, 2026Northern Plains see drought expand following hot weather - Pro Farmer-2.2%
• May 29, 2023Corn, Soybeans and Wheat in the Grips of Drought - AgWeb+1.0%
• Jun 21, 2021Hot, dry weather stresses crops in heart of the Corn Belt and Northern Plains - Pro Farmer-4.7%
• Oct 6, 2020Dry weather pushes CBOT wheat, soybeans to multi-year peaks | Financial Post+1.2%