Increased pressure fundamentals launched down the wheat markets

After 15 past bullish weather events, US Dollar (Broad) moved a median +0.1% over 5 sessions (53% higher; middle half -0.3% to +0.2%), and -0.6% over 20.

• Mar 25, 2021Wheat nears 3-month low on supply prospects; soy, corn also decline - Markets - Business Recorder+0.1%
• Jun 7, 2026Corn, soybeans futures decline on US weather, dollar strength - Markets - Business Recorder-0.5%
• Feb 19, 2019Lee Mielke: Cheese prices continue to strengthen | Capital Press-0.8%
• Sep 24, 2020Wheat prices rose because of lower production forecast for Argentina-0.3%
• Apr 30, 2018Wheat rises 2% past $5 on disruptive US weather+1.0%

After 70 past bearish weather events, Wheat (HRW) moved a median -0.6% over 5 sessions (41% higher; middle half -3.9% to +2.5%), and -1.1% over 20.

• Mar 22, 2017Good weather increases pressure on the wheat exchange-3.3%
• Mar 25, 2025Wheat prices fall amid increased rainfall in the US, Ukraine and Russia, which increases pressure on prices in Ukraine-3.6%
• Apr 29, 2025Wheat prices are under pressure from improved weather conditions for the new crop-0.9%
• Apr 28, 2025Global wheat market: Wheat prices fall as weather improves in the northern hemisphere-1.8%
• Aug 23, 2024Wheat prices in Ukraine fall under pressure from falling world prices+3.1%

After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% over 20.

• Mar 22, 2017Good weather increases pressure on the wheat exchange+2.2%
• Mar 25, 2025Wheat prices fall amid increased rainfall in the US, Ukraine and Russia, which increases pressure on prices in Ukraine-1.9%
• Mar 29, 2021Favorable conditions for winter crops, increasing pressure on the prices of new crop wheat-0.5%
• Apr 29, 2025Wheat prices are under pressure from improved weather conditions for the new crop+2.1%
• Aug 7, 2025Optimism increasing in Australian wheat market, amid July rains - Fastmarkets-0.8%