# Adverse global weather creates potent bull market for wheat

> Floods in Germany, the Netherlands and Belgium are damaging European crops, and heat is hurting Canadian wheat. US spring red wheat production was cut 42% from 2020, and drought in Iran and Kazakhstan is expected to reduce their crops.

- Date: 2021-07-30 · published 2021-07-30T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/46137-adverse-global-weather-creates-potent-bull-market-for-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Weather losses across several major exporters reduce global wheat supplies and raise prices, especially for high-protein grades.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-04-23 | [Market Snapshot \| Costly inputs and weather burden global wheat production - Pro Farmer](https://feedsoft.ai/events/19768-market-snapshot-costly-inputs-and-weather-burden-global-wheat-production-pro.md) | +1.4% | +2.5% |
| WHEAT | 2021-07-30 | [IGC trims forecast for global wheat crop - Markets - Business Recorder](https://feedsoft.ai/events/46024-igc-trims-forecast-for-global-wheat-crop-markets-business-recorder.md) | +1.6% | +2.4% |
| WHEAT | 2024-05-09 | [Wheat Prices Have Soared on Global Conflict, Extreme Weather - Markets Insider](https://feedsoft.ai/events/30292-wheat-prices-have-soared-on-global-conflict-extreme-weather-markets-insider.md) | +2.0% | +6.5% |
| WHEAT | 2024-02-08 | [France Faces Potential Drop to Century’s Lowest Durum Wheat Production Amid Adverse Weather](https://feedsoft.ai/events/31604-france-faces-potential-drop-to-century-s-lowest-durum-wheat-production-amid.md) | -4.2% | -1.8% |
| WHEAT | 2023-08-02 | [Weather woes, Russia upend outlook for global wheat suppliers \| Reuters](https://feedsoft.ai/events/34622-weather-woes-russia-upend-outlook-for-global-wheat-suppliers-reuters.md) | +0.8% | -7.4% |

## Sources

- farmersweekly.co.za: https://www.farmersweekly.co.za/agri-news/world/adverse-global-weather-creates-potent-bull-market-for-wheat/

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