# Wheat rose in Chicago, Black Sea origins caught up with bullish trend in Europe and North America — Latifundist.com

> Chicago September SRW wheat futures traded above $7 per bushel on July 29 but failed to reach mid-July highs. Black Sea wheat prices caught up with the bullish trend in Europe and North America. North Dakota dryness continued, with spring wheat yields possibly down about a third from recent averages.

- Date: 2021-07-30 · published 2021-07-30T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/46102-wheat-rose-in-chicago-black-sea-origins-caught-up-with-bullish-trend-in-europe
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Rising wheat prices in Chicago and the Black Sea reflect tighter northern hemisphere supply, which supports feed grain prices. Weak export sales for old-crop corn limit further gains.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-11-01 | [Black Sea corn, wheat prices soar up: Agritel — Latifundist.com](https://feedsoft.ai/events/14535-black-sea-corn-wheat-prices-soar-up-agritel-latifundist-com.md) | +9.3% | +8.1% |
| WHEAT | 2021-12-24 | [Corn futures in Chicago close to six-month high amid weather threats in South America — Latifundist.com](https://feedsoft.ai/events/43622-corn-futures-in-chicago-close-to-six-month-high-amid-weather-threats-in-south.md) | -1.0% | +7.3% |
| 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 | 2022-02-21 | [Dry winter in much of Europe and North Africa](https://feedsoft.ai/events/42650-dry-winter-in-much-of-europe-and-north-africa.md) | +2.8% | +11.9% |
| WHEAT | 2021-08-05 | [Millers, bakers fret as drought withers North America's spring wheat](https://feedsoft.ai/events/45615-millers-bakers-fret-as-drought-withers-north-america-s-spring-wheat.md) | -2.5% | +0.3% |
| CORN | 2020-03-16 | [Mennonite and Amish farmers struggle with increasing rain in Illinois - Medill Reports Chicago](https://feedsoft.ai/events/53971-mennonite-and-amish-farmers-struggle-with-increasing-rain-in-illinois-medill.md) | -4.7% | -5.7% |
| CORN | 2026-08-11 | [Climate risks in East Africa and Latin America; bumper crops in Southern Africa and Asia - Joint Research Centre](https://feedsoft.ai/events/17830-climate-risks-in-east-africa-and-latin-america-bumper-crops-in-southern-africa.md) | +3.6% | +11.8% |
| CORN | 2026-06-30 | [Corn prices in Paris are rising and in Chicago are falling under the pressure of weather factors, but in Ukraine they remain stable in anticipation of increased demand from the EU](https://feedsoft.ai/events/18837-corn-prices-in-paris-are-rising-and-in-chicago-are-falling-under-the-pressure.md) | +5.7% | +8.7% |

## Sources

- latifundist.com: https://latifundist.com/en/novosti/56115-tseny-na-pshenitsu-v-chikago-prodolzhili-rost

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