# US wheat prices soar after storms hit key regions

> A late winter storm flattened wheat stalks in Kansas, Colorado and Oklahoma, with 10 to 20 inches of snow reported. Hard red winter wheat rose 6.5 per cent to $4.6575 a bushel on the Chicago Board of Trade on Monday.

- Date: 2017-05-01 · published 2017-05-01T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/6136-us-wheat-prices-soar-after-storms-hit-key-regions
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Crop damage ahead of harvest removes supply from a market already weighed down by global surplus, so prices rebound sharply and feed wheat becomes costlier.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2026-09-09 | [Kansas wheat prices hit 3-year high - Axios Kansas City](https://feedsoft.ai/events/17523-kansas-wheat-prices-hit-3-year-high-axios-kansas-city.md) | -1.1% | -6.0% |
| KWHEAT | 2024-07-01 | [Have wheat prices peaked?](https://feedsoft.ai/events/29816-have-wheat-prices-peaked.md) | -2.4% | -5.8% |
| KWHEAT | 2018-02-06 | [US crop worries supports wheat prices \| VIC](https://feedsoft.ai/events/66543-us-crop-worries-supports-wheat-prices-vic.md) | +3.4% | +14.6% |
| 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 | 2025-03-18 | [CBOT wheat prices rise amid moisture shortage in the Black Sea region](https://feedsoft.ai/events/5627-cbot-wheat-prices-rise-amid-moisture-shortage-in-the-black-sea-region.md) | -4.5% | -8.3% |
| WHEAT | 2018-08-04 | [Global Heat Wave Toasts Wheat and Prices Soar](https://feedsoft.ai/events/9684-global-heat-wave-toasts-wheat-and-prices-soar.md) | +2.9% | +1.6% |
| WHEAT | 2019-05-21 | [Wet US conditions boost corn wheat prices \| Saxo](https://feedsoft.ai/events/5630-wet-us-conditions-boost-corn-wheat-prices-saxo.md) | -13.2% | -6.0% |
| WHEAT | 2022-05-24 | [Spring wheat, oat futures outperform, as storms hamper US sowings - Grain Price News](https://feedsoft.ai/events/41453-spring-wheat-oat-futures-outperform-as-storms-hamper-us-sowings-grain-price-news.md) | -0.7% | -2.5% |

## Sources

- ft.com: https://www.ft.com/content/c19251a2-11fa-3715-9daa-a616fd68d98d?syn-25a6b1a6=1

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