# Drought hampering Black Sea crop sowing sparks light in wheat prices
 | The Land | NSW

> Chicago December wheat closed the week at $5.75 a bushel, a seven-month high, while Black Sea December wheat rallied to $235.50 a tonne FOB. Dryness in Ukraine, Russia and Kazakhstan has delayed winter planting and raised concern over poor crop establishment. Gains were concentrated in the week ending September 18.

- Date: 2020-09-22 · published 2020-09-22T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/51175-drought-hampering-black-sea-crop-sowing-sparks-light-in-wheat-prices-the-land
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Drought-delayed planting in the Black Sea raises risk to the 2021 crop and supports global wheat values. Buyers should expect firmer offers from Black Sea origins.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-05-13 | [A"maize"ing global support for wheat prices \| The Land \| NSW](https://feedsoft.ai/events/47137-a-maize-ing-global-support-for-wheat-prices-the-land-nsw.md) | -1.8% | -4.6% |
| WHEAT | 2025-03-18 | [CBOT wheat prices rise amid moisture shortage in the Black Sea region](https://feedsoft.ai/events/5627-cbot-wheat-prices-rise-amid-moisture-shortage-in-the-black-sea-region.md) | -1.0% | -2.0% |
| WHEAT | 2021-07-29 | [Black Sea wheat price surges as dry weather slashes crop outlooks - Fastmarkets](https://feedsoft.ai/events/46099-black-sea-wheat-price-surges-as-dry-weather-slashes-crop-outlooks-fastmarkets.md) | +2.2% | +2.5% |
| WHEAT | 2018-03-13 | [Drought threat intensifies for U.S. Plains winter wheat crop](https://feedsoft.ai/events/66052-drought-threat-intensifies-for-u-s-plains-winter-wheat-crop.md) | -1.6% | +0.5% |
| WHEAT | 2024-05-22 | [Black Sea, Canadian wheat prices surge on weather, crop fears \| S&P Global](https://feedsoft.ai/events/30289-black-sea-canadian-wheat-prices-surge-on-weather-crop-fears-s-and-p-global.md) | -7.4% | -10.9% |
| KWHEAT | 2025-03-18 | [CBOT wheat prices rise amid moisture shortage in the Black Sea region](https://feedsoft.ai/events/5627-cbot-wheat-prices-rise-amid-moisture-shortage-in-the-black-sea-region.md) | -4.5% | -8.3% |
| KWHEAT | 2021-07-29 | [Black Sea wheat price surges as dry weather slashes crop outlooks - Fastmarkets](https://feedsoft.ai/events/46099-black-sea-wheat-price-surges-as-dry-weather-slashes-crop-outlooks-fastmarkets.md) | +5.3% | +6.4% |
| KWHEAT | 2018-03-13 | [Drought threat intensifies for U.S. Plains winter wheat crop](https://feedsoft.ai/events/66052-drought-threat-intensifies-for-u-s-plains-winter-wheat-crop.md) | -7.6% | +2.5% |

## Sources

- theland.com.au: https://www.theland.com.au/story/6932783/conditions-in-the-northern-hemisphere-having-positive-impact-on-local-wheat-market/

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