UK cropping intentions indicate shift back to wheat: Feed market report

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Jul 29, 2021Weather adds uncertainty to global grain markets: Feed market report | AHDB-0.3%
• Apr 28, 2021Global weather driving price rises in grains and oilseeds: Feed market report | AHDB+4.4%
• Oct 4, 2019Market Reaction to USDA’s August Corn Crop Reports - farmdoc daily+0.3%
• Jun 2, 2019Feed cost increases have feedyards paying attention to the weather market - RealAgriculture-1.9%
• Feb 13, 2025Drought conditions intensify across US, threatening crop yields | Feed & Grain+1.7%

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Jul 29, 2021Weather adds uncertainty to global grain markets: Feed market report | AHDB+2.2%
• Dec 14, 2017Markets to react to weather conditions | Birchip Cropping Group+1.3%
• Apr 28, 2021Global weather driving price rises in grains and oilseeds: Feed market report | AHDB-6.0%
• May 5, 2020UK to see smallest wheat crops in decades: Carr’s Flour monthly Wheat Report-1.7%
• Apr 26, 2024Dry Russian winter wheat areas in focus: Grain market daily | AHDB-2.3%

Not enough comparable past events yet for a historical read.