# Grain markets on the rise again this week | 620 CKRM - The Voice of Saskatchewan | Harvard Media

> Adam Pukalo of P.I. Financial said wheat gained 45 cents a bushel and November canola rose about C$18/t in the week to May 28, driven by strong Chinese corn interest and dry weather in the Dakotas. Frost in the week may have raised canola concerns.

- Date: 2021-05-28 · published 2021-05-28T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/47144-grain-markets-on-the-rise-again-this-week-620-ckrm-the-voice-of-saskatchewan
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Dry Dakota weather and Chinese demand support wheat and canola prices, tightening feed grain supply for buyers.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-10-05 | [Grain Markets Start the Week Higher - ProAg](https://feedsoft.ai/events/11633-grain-markets-start-the-week-higher-proag.md) | +1.8% | +3.4% |
| WHEAT | 2021-07-23 | [Feed weekly outlook: Bids rising in Saskatchewan - Grainews](https://feedsoft.ai/events/12495-feed-weekly-outlook-bids-rising-in-saskatchewan-grainews.md) | -0.4% | +1.0% |
| WHEAT | 2019-05-18 | [Politics lure prices higher — this week in the grain markets - RealAgriculture](https://feedsoft.ai/events/12126-politics-lure-prices-higher-this-week-in-the-grain-markets-realagriculture.md) | +10.5% | +9.7% |
| WHEAT | 2023-02-28 | [Sorghum the shining light of grain markets as harvest begins to gather pace \| The Land \| NSW](https://feedsoft.ai/events/37379-sorghum-the-shining-light-of-grain-markets-as-harvest-begins-to-gather-pace-the.md) | -1.8% | +5.0% |
| 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% |
| CORN | 2020-10-05 | [Grain Markets Start the Week Higher - ProAg](https://feedsoft.ai/events/11633-grain-markets-start-the-week-higher-proag.md) | +0.6% | +5.8% |
| CORN | 2019-05-18 | [Politics lure prices higher — this week in the grain markets - RealAgriculture](https://feedsoft.ai/events/12126-politics-lure-prices-higher-this-week-in-the-grain-markets-realagriculture.md) | +3.2% | +10.8% |
| CORN | 2020-08-15 | [Bearish August WASDE and a small rally — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/10687-bearish-august-wasde-and-a-small-rally-this-week-in-the-grain-markets.md) | +1.3% | +9.3% |

## Sources

- 620ckrm.com: https://www.620ckrm.com/2021/05/28/grain-markets-on-the-rise-again-this-week/

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