# Weather adds uncertainty to global grain markets: Feed market report | AHDB

> AHDB's feed market report says global grain prices slipped early July, then climbed on adverse weather in the US, Canada and South America. The July WASDE cut global wheat ending stocks by 5.1Mt, driven by lower US, Canadian and Russian output, and the first US spring wheat estimate was a 33-year low.

- Date: 2021-07-29 · published 2021-07-29T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/46176-weather-adds-uncertainty-to-global-grain-markets-feed-market-report-ahdb
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Lower wheat supplies from major exporters tighten global feed grain availability and support prices, while dryness adds risk to the US maize crop. Buyers should expect continued sensitivity until Northern Hemisphere harvests advance.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-04-28 | [Global weather driving price rises in grains and oilseeds: Feed market report \| AHDB](https://feedsoft.ai/events/9793-global-weather-driving-price-rises-in-grains-and-oilseeds-feed-market-report.md) | -6.0% | -5.4% |
| WHEAT | 2017-06-09 | [Weather fears bolster grain markets against](https://feedsoft.ai/events/70424-weather-fears-bolster-grain-markets-against.md) | -1.0% | +0.5% |
| WHEAT | 2020-12-03 | [UK cropping intentions indicate shift back to wheat: Feed market report \| AHDB](https://feedsoft.ai/events/49710-uk-cropping-intentions-indicate-shift-back-to-wheat-feed-market-report-ahdb.md) | +9.8% | +9.8% |
| WHEAT | 2018-06-06 | [Grain report: weather market is now increasingly sensitive  -  Premium](https://feedsoft.ai/events/64588-grain-report-weather-market-is-now-increasingly-sensitive-premium.md) | +0.2% | -6.4% |
| WHEAT | 2018-12-18 | [Weekly Market Report - Grain Brokers Australia](https://feedsoft.ai/events/61642-weekly-market-report-grain-brokers-australia.md) | -1.8% | -2.2% |
| CORN | 2021-04-28 | [Global weather driving price rises in grains and oilseeds: Feed market report \| AHDB](https://feedsoft.ai/events/9793-global-weather-driving-price-rises-in-grains-and-oilseeds-feed-market-report.md) | +4.4% | -7.3% |
| CORN | 2017-06-09 | [Weather fears bolster grain markets against](https://feedsoft.ai/events/70424-weather-fears-bolster-grain-markets-against.md) | -1.0% | +0.3% |
| CORN | 2020-12-03 | [UK cropping intentions indicate shift back to wheat: Feed market report \| AHDB](https://feedsoft.ai/events/49710-uk-cropping-intentions-indicate-shift-back-to-wheat-feed-market-report-ahdb.md) | +0.0% | +3.9% |

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/weather-adds-uncertainty-to-global-grain-markets-feed-market-report

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