# Farming News - ADM Wheat & OSR Market Report - dry weather causes concern in key N Hemisphere wheat growing regions

> ADM reports wheat and rapeseed markets traded considerably higher on weather-driven speculative buying. Dry conditions affect Northern Hemisphere wheat regions and Brazil's corn crop, while Ukraine's 2021 grain harvest is seen rising 13%.

- Date: 2021-04-23 · published 2021-04-23T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/47651-farming-news-adm-wheat-and-osr-market-report-dry-weather-causes-concern-in-key
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Dryness in key wheat and corn regions tightens supply expectations, supporting feed grain prices, while a larger Ukrainian crop provides some offset.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-08-28 | [Farming News - ADM Wheat & OSR weekly market update](https://feedsoft.ai/events/51661-farming-news-adm-wheat-and-osr-weekly-market-update.md) | -2.6% | +6.6% |
| WHEAT | 2018-04-27 | [Farming News - Weather impacting on the Wheat Markets](https://feedsoft.ai/events/11223-farming-news-weather-impacting-on-the-wheat-markets.md) | +3.6% | +2.9% |
| WHEAT | 2021-04-16 | [Farming News - Wheat and OSR market update](https://feedsoft.ai/events/9791-farming-news-wheat-and-osr-market-update.md) | +4.9% | +6.1% |
| WHEAT | 2023-06-22 | [Continuing dry conditions in the northern hemisphere strengthen markets \| The Land \| NSW](https://feedsoft.ai/events/35547-continuing-dry-conditions-in-the-northern-hemisphere-strengthen-markets-the.md) | +7.6% | -0.3% |
| 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% |
| CORN | 2020-08-28 | [Farming News - ADM Wheat & OSR weekly market update](https://feedsoft.ai/events/51661-farming-news-adm-wheat-and-osr-weekly-market-update.md) | +0.0% | +5.4% |
| CORN | 2021-04-16 | [Farming News - Wheat and OSR market update](https://feedsoft.ai/events/9791-farming-news-wheat-and-osr-market-update.md) | +5.1% | +18.3% |
| CORN | 2021-06-25 | [Farming News - Wheat Market update from ADM](https://feedsoft.ai/events/46525-farming-news-wheat-market-update-from-adm.md) | +5.6% | -5.6% |

## Sources

- farming.co.uk: https://farming.co.uk/news/adm-wheat--osr-market-report---dry-weather-causes-concern-in-key-n-hemisphere-wheat-growing-regions

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