# Farming News - ADM Wheat & OSR weekly market update

> ADM's weekly update says US corn and soybean yield expectations fell after another week of little rain across much of the corn belt. US prices rose $7/t on the week. EU wheat prices also rose slightly, and the EU monitoring unit cut its maize yield estimate to 8.01 t/ha.

- Date: 2020-08-28 · published 2020-08-28T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/51661-farming-news-adm-wheat-and-osr-weekly-market-update
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower US corn and soybean yield expectations tighten supplies and support feed prices in the near term. The EU maize cut adds to global corn tightness.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2020-09-25 | [Farming News - Weekly Wheat & OSR roundup from ADM](https://feedsoft.ai/events/10434-farming-news-weekly-wheat-and-osr-roundup-from-adm.md) | +6.5% | +10.5% |
| WHEAT | 2018-09-21 | [Farming News - Weekly snapshot of the wheat & OSR markets](https://feedsoft.ai/events/63133-farming-news-weekly-snapshot-of-the-wheat-and-osr-markets.md) | -0.1% | +7.7% |
| 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 | 2021-04-23 | [Farming News - ADM Wheat & OSR Market Report - dry weather causes concern in key N Hemisphere wheat growing regions](https://feedsoft.ai/events/47651-farming-news-adm-wheat-and-osr-market-report-dry-weather-causes-concern-in-key.md) | +3.2% | -0.2% |
| SOY | 2019-06-03 | [Agri Marketing Update](https://feedsoft.ai/events/11385-agri-marketing-update.md) | -2.4% | +2.5% |
| SOY | 2016-06-06 | [Soybeans rise on U.S. weather view; wheat, corn firm - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/9123-soybeans-rise-on-u-s-weather-view-wheat-corn-firm-agweek-1-source-for.md) | +4.1% | +3.2% |
| SOY | 2019-05-19 | [Markets finally respond to wet weather - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/5629-markets-finally-respond-to-wet-weather-agweek-1-source-for-agriculture-news.md) | +1.0% | +11.1% |

## Sources

- farming.co.uk: https://farming.co.uk/news/adm-wheat--osr-weekly-market-update

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