# Massive US storm impacts wheat markets | Farm Online | ACT

> A spring blizzard dropped up to 30 centimetres of snow on Kansas and Oklahoma wheat, with early estimates of 2.7 million tonnes of lost production. Kansas City July wheat rose 29.75 cents to its highest level since early March.

- Date: 2017-05-02 · published 2017-05-02T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/6138-massive-us-storm-impacts-wheat-markets-farm-online-act
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A possible loss of 2.7 million tonnes of US wheat is a large supply shock that lifts wheat values and raises the cost of wheat-based feed.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2018-04-27 | [Farming News - Weather impacting on the Wheat Markets](https://feedsoft.ai/events/11223-farming-news-weather-impacting-on-the-wheat-markets.md) | +9.1% | +9.4% |
| KWHEAT | 2019-06-17 | [Wet weather in US pushes up wheat futures \| Farm Online \| ACT](https://feedsoft.ai/events/58618-wet-weather-in-us-pushes-up-wheat-futures-farm-online-act.md) | -5.0% | -5.7% |
| KWHEAT | 2019-11-18 | [WA wheat crop forecast dives \| Farm Online \| ACT](https://feedsoft.ai/events/56007-wa-wheat-crop-forecast-dives-farm-online-act.md) | +1.7% | +10.8% |
| KWHEAT | 2024-08-23 | [Low falling numbers could have a big impact on wheat market - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/28814-low-falling-numbers-could-have-a-big-impact-on-wheat-market-agweek-1-source-for.md) | +3.1% | +6.6% |
| KWHEAT | 2018-03-07 | [Impressive rally for US wheat \| VIC](https://feedsoft.ai/events/12432-impressive-rally-for-us-wheat-vic.md) | -4.2% | -8.2% |
| WHEAT | 2018-04-27 | [Farming News - Weather impacting on the Wheat Markets](https://feedsoft.ai/events/11223-farming-news-weather-impacting-on-the-wheat-markets.md) | +3.6% | +2.9% |
| WHEAT | 2019-06-17 | [Wet weather in US pushes up wheat futures \| Farm Online \| ACT](https://feedsoft.ai/events/58618-wet-weather-in-us-pushes-up-wheat-futures-farm-online-act.md) | -6.1% | -8.7% |
| WHEAT | 2019-12-15 | [Wheat crop size under pressure \| Farm Online \| ACT](https://feedsoft.ai/events/55532-wheat-crop-size-under-pressure-farm-online-act.md) | +2.0% | +4.8% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/4635986/massive-us-storm-impacts-wheat-markets/

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