# Euronext wheat climbs with rally in Chicago - Markets - Business Recorder

> Euronext September milling wheat rose 1.5% to 187.50 euros a tonne on June 5, following a short-covering rally in Chicago. Hot weather forecasts for US Plains and southern Russia, plus rising Russian export prices, drove the gains.

- Date: 2020-06-05 · published 2020-06-05T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/52663-euronext-wheat-climbs-with-rally-in-chicago-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Weather risk in the US and Russia and firmer Russian export prices support wheat values in the near term.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-02-16 | [US MIDDAY: Wheat climbs - Markets - Business Recorder](https://feedsoft.ai/events/9256-us-midday-wheat-climbs-markets-business-recorder.md) | +1.3% | +0.2% |
| WHEAT | 2024-04-23 | [Chicago wheat futures extend gains - Markets - Business Recorder](https://feedsoft.ai/events/12141-chicago-wheat-futures-extend-gains-markets-business-recorder.md) | -1.3% | +22.1% |
| WHEAT | 2024-09-23 | [Chicago wheat rises on global crop concern - Markets - Business Recorder](https://feedsoft.ai/events/5608-chicago-wheat-rises-on-global-crop-concern-markets-business-recorder.md) | +11.3% | +5.5% |
| WHEAT | 2021-04-23 | [EU wheat, rapeseed at fresh highs in grain surge - Markets - Business Recorder](https://feedsoft.ai/events/10292-eu-wheat-rapeseed-at-fresh-highs-in-grain-surge-markets-business-recorder.md) | +3.2% | -0.2% |
| WHEAT | 2021-04-09 | [CBOT wheat futures rise on European cold snap - Markets - Business Recorder](https://feedsoft.ai/events/47638-cbot-wheat-futures-rise-on-european-cold-snap-markets-business-recorder.md) | -3.6% | -1.4% |
| KWHEAT | 2021-02-16 | [US MIDDAY: Wheat climbs - Markets - Business Recorder](https://feedsoft.ai/events/9256-us-midday-wheat-climbs-markets-business-recorder.md) | +4.5% | -1.6% |
| KWHEAT | 2024-04-23 | [Chicago wheat futures extend gains - Markets - Business Recorder](https://feedsoft.ai/events/12141-chicago-wheat-futures-extend-gains-markets-business-recorder.md) | +7.7% | +16.6% |
| KWHEAT | 2021-07-30 | [IGC trims forecast for global wheat crop - Markets - Business Recorder](https://feedsoft.ai/events/46024-igc-trims-forecast-for-global-wheat-crop-markets-business-recorder.md) | +2.5% | +6.1% |

## Sources

- brecorder.com: https://www.brecorder.com/news/1002010

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