# Weather issues driving grain markets in Northern Hemisphere | Stock & Land | VIC

> Chicago wheat futures held near $300 per tonne, at their lowest since late December, as arctic conditions in the U.S. and Black Sea raised winterkill concerns. About 15% of U.S. HRW and 10% of SRW crops lacked snow cover, while Ukraine had about 15% with limited cover. Snow cover emerged and temperatures in the Black Sea were not unusually cold.

- Date: 2021-02-15 · published 2021-02-15T12:00:00.000Z
- Category: weather · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/48677-weather-issues-driving-grain-markets-in-northern-hemisphere-stock-and-land-vic
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Diminishing winterkill risk weighs on wheat prices, lowering the upside for wheat used in feed rations.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-04-28 | [Global wheat market: Wheat prices fall as weather improves in the northern hemisphere](https://feedsoft.ai/events/25164-global-wheat-market-wheat-prices-fall-as-weather-improves-in-the-northern.md) | -0.9% | -4.3% |
| WHEAT | 2025-04-29 | [The end of La Niña: Lessons about Plains wheat drought & why spring weather is bearish for most grain markets - The Globe and Mail](https://feedsoft.ai/events/25030-the-end-of-la-nina-lessons-about-plains-wheat-drought-and-why-spring-weather-is.md) | +2.1% | -2.8% |
| WHEAT | 2023-12-22 | [Grains respond to continued hot, dry weather in Brazil - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/11282-grains-respond-to-continued-hot-dry-weather-in-brazil-agweek-1-source-for.md) | +0.9% | +1.5% |
| WHEAT | 2019-07-31 | [Summer cools grain markets \| Global Perspective \| The Land \| NSW](https://feedsoft.ai/events/58139-summer-cools-grain-markets-global-perspective-the-land-nsw.md) | -1.2% | -0.4% |
| WHEAT | 2019-09-07 | [Tumbling into September — this week in the grain markets - RealAgriculture](https://feedsoft.ai/events/9143-tumbling-into-september-this-week-in-the-grain-markets-realagriculture.md) | -0.8% | +4.6% |
| KWHEAT | 2025-04-28 | [Global wheat market: Wheat prices fall as weather improves in the northern hemisphere](https://feedsoft.ai/events/25164-global-wheat-market-wheat-prices-fall-as-weather-improves-in-the-northern.md) | -1.8% | +0.1% |
| KWHEAT | 2025-04-29 | [The end of La Niña: Lessons about Plains wheat drought & why spring weather is bearish for most grain markets - The Globe and Mail](https://feedsoft.ai/events/25030-the-end-of-la-nina-lessons-about-plains-wheat-drought-and-why-spring-weather-is.md) | -0.9% | -0.0% |
| KWHEAT | 2026-06-26 | [OSU’s Todd Hubbs says Favorable Weather and Heavy Supplies Stifle Grain Markets - Oklahoma Farm Report](https://feedsoft.ai/events/11700-osu-s-todd-hubbs-says-favorable-weather-and-heavy-supplies-stifle-grain-markets.md) | +1.0% | +20.1% |

## Sources

- stockandland.com.au: https://www.stockandland.com.au/story/7127623/weather-issues-driving-grain-markets-in-northern-hemisphere/

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