# Wheat Market Update: EU And Russia Crop Risks

> A weekly commentary from Grainbrokers discusses the Indian Ocean Dipole returning to neutral after a positive phase and the effects of Australian bushfires. The article title also references EU and Russia wheat crop risks.

- Date: 2020-01-07 · published 2020-01-07T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/54992-wheat-market-update-eu-and-russia-crop-risks
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Neutral IOD removes a driver of Australian weather, but the wheat crop risk commentary is only general, so price impact is minimal for feed buyers.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-06-25 | [Farming News - Wheat Market update from ADM](https://feedsoft.ai/events/46525-farming-news-wheat-market-update-from-adm.md) | -0.2% | -3.8% |
| WHEAT | 2022-11-02 | [Oklahoma Cattle Market Update](https://feedsoft.ai/events/38825-oklahoma-cattle-market-update.md) | +6.5% | +7.6% |
| WHEAT | 2018-06-01 | [Dry weather may curb promising EU wheat crop](https://feedsoft.ai/events/64473-dry-weather-may-curb-promising-eu-wheat-crop.md) | +0.3% | -2.1% |
| WHEAT | 2021-06-25 | [Corn, wheat, soy steady as US crop prospects assessed - Markets - Business Recorder](https://feedsoft.ai/events/46608-corn-wheat-soy-steady-as-us-crop-prospects-assessed-markets-business-recorder.md) | -0.2% | -3.8% |
| WHEAT | 2020-06-08 | [Rain brings respite for EU wheat - Markets - Business Recorder](https://feedsoft.ai/events/52550-rain-brings-respite-for-eu-wheat-markets-business-recorder.md) | -0.3% | -6.4% |

## Sources

- grainbrokers.com.au: https://www.grainbrokers.com.au/indian-ocean-dipole-returns-to-neutral-territory/

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