# U.S. grains: Improving weather view weighs on wheat - AgCanada

> MGEX spring wheat futures fell 2% to their lowest since July 2018 on easing US weather concerns and weaker cash prices. The USDA's first crop condition report rated 56% of US winter wheat good-to-excellent, above trade expectations of 55%. Soybeans rose on Chinese export sales.

- Date: 2019-04-03 · published 2019-04-03T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/59643-u-s-grains-improving-weather-view-weighs-on-wheat-agcanada
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Better US winter wheat conditions point to larger harvest yields, which pressures wheat prices and makes wheat cheaper as a feed ingredient. Soybean gains from China demand are a modest supportive factor.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-07-02 | [U.S. grains: Corn, soy ease on warmer weather - AgCanada](https://feedsoft.ai/events/58125-u-s-grains-corn-soy-ease-on-warmer-weather-agcanada.md) | -1.9% | -3.5% |
| WHEAT | 2019-09-11 | [U.S. grains: Soybeans, corn ease on crop-boosting weather - AgCanada](https://feedsoft.ai/events/9148-u-s-grains-soybeans-corn-ease-on-crop-boosting-weather-agcanada.md) | +2.1% | +1.0% |
| WHEAT | 2021-06-17 | [U.S. grains: Corn, soy plunge on weather, broad commodities sell-off - AgCanada](https://feedsoft.ai/events/5762-u-s-grains-corn-soy-plunge-on-weather-broad-commodities-sell-off-agcanada.md) | -7.8% | -12.3% |
| WHEAT | 2025-11-12 | [Weather having impact on wheat futures, supply \| World Grain](https://feedsoft.ai/events/21894-weather-having-impact-on-wheat-futures-supply-world-grain.md) | +2.1% | +0.9% |
| WHEAT | 2025-06-26 | [U.S. grains: Chicago corn, soy linger at multi-month lows as weather weighs - Grainews](https://feedsoft.ai/events/24226-u-s-grains-chicago-corn-soy-linger-at-multi-month-lows-as-weather-weighs.md) | +3.0% | -1.3% |
| KWHEAT | 2025-11-12 | [Weather having impact on wheat futures, supply \| World Grain](https://feedsoft.ai/events/21894-weather-having-impact-on-wheat-futures-supply-world-grain.md) | +0.5% | -1.4% |
| KWHEAT | 2018-06-19 | [U.S. grains: Corn at contract lows, soy dips below $9 - AgCanada](https://feedsoft.ai/events/10574-u-s-grains-corn-at-contract-lows-soy-dips-below-9-agcanada.md) | -6.0% | -1.8% |
| KWHEAT | 2023-03-28 | [Changing Weather Patterns Could Favor U.S. Wheat Production](https://feedsoft.ai/events/36936-changing-weather-patterns-could-favor-u-s-wheat-production.md) | +1.7% | -4.9% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-improving-weather-view-weighs-on-wheat

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