# Growing season risks fail to fire up futures market | Farm Online | ACT

> CBOT wheat futures have traded sideways in a 456 to 471 US cents per bushel range for four weeks after recovering from March lows. Markets are ignoring late US spring storms and dryness building in parts of Europe, as traders assume stocks are sufficient.

- Date: 2019-04-14 · published 2019-04-14T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/59530-growing-season-risks-fail-to-fire-up-futures-market-farm-online-act
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lack of a weather premium keeps wheat prices range-bound, but any confirmed European drought could quickly tighten supplies and lift prices.

## Read by commodity

- WHEAT: neutral

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/6047260/risks-fail-to-fire-up-futures/

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