# Wheat Futures Surge After U.S. Crop Pummeled by Snowstorm - Bloomberg

> Up to 12 inches of snow fell on ripening wheat across parts of Kansas, Colorado, Oklahoma and Nebraska within 24 hours, according to Commodity Weather Group. Wheat futures surged on the damage.

- Date: 2017-05-01 · published 2017-05-01T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/6135-wheat-futures-surge-after-u-s-crop-pummeled-by-snowstorm-bloomberg
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Snow lodging on wheat near harvest threatens yield and quality in key Plains hard red winter areas, tightening feed wheat supply and lifting wheat prices.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2026-04-28 | [Wheat Futures Surge to Highest Since 2024 on US Drought, Fertilizer Costs - Bloomberg](https://feedsoft.ai/events/19765-wheat-futures-surge-to-highest-since-2024-on-us-drought-fertilizer-costs.md) | +2.3% | +1.3% |
| KWHEAT | 2018-03-02 | [Wheat futures surge - Grain Central](https://feedsoft.ai/events/12430-wheat-futures-surge-grain-central.md) | -2.1% | -12.0% |
| KWHEAT | 2022-05-12 | [Wheat Prices Spike as US Sees War, Adverse Weather Hurting Crops - Bloomberg](https://feedsoft.ai/events/41431-wheat-prices-spike-as-us-sees-war-adverse-weather-hurting-crops-bloomberg.md) | +11.7% | -2.7% |
| KWHEAT | 2020-10-20 | [Wheat’s Drought Battle and Surging Demand: Why Prices Are Flying - Bloomberg](https://feedsoft.ai/events/50682-wheat-s-drought-battle-and-surging-demand-why-prices-are-flying-bloomberg.md) | -2.0% | -0.9% |
| KWHEAT | 2026-05-12 | [Wheat Extends Gains as Poor Weather Worsens US Crop Conditions - Bloomberg](https://feedsoft.ai/events/10790-wheat-extends-gains-as-poor-weather-worsens-us-crop-conditions-bloomberg.md) | -2.3% | -13.8% |
| WHEAT | 2026-07-23 | [Heat Worries US Wheat Farmers Just as Crop Prices Surge - Bloomberg](https://feedsoft.ai/events/18406-heat-worries-us-wheat-farmers-just-as-crop-prices-surge-bloomberg.md) | -2.5% | +2.2% |
| WHEAT | 2026-04-28 | [Wheat Futures Surge to Highest Since 2024 on US Drought, Fertilizer Costs - Bloomberg](https://feedsoft.ai/events/19765-wheat-futures-surge-to-highest-since-2024-on-us-drought-fertilizer-costs.md) | -2.0% | +0.6% |
| WHEAT | 2018-03-02 | [Wheat futures surge - Grain Central](https://feedsoft.ai/events/12430-wheat-futures-surge-grain-central.md) | +0.5% | -0.4% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-05-01/snow-winds-crush-u-s-winter-wheat-to-spur-grain-price-rally

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