# Grain prices: wheat futures bounce back - 02 May 2017 Premium

> May 2017 SRW wheat futures in Chicago rose about $15/t to near a two-month high after US storm damage, and Euronext wheat gained €5/t to €168/t. Maize in Paris eased slightly to €172/t.

- Date: 2017-05-02 · published 2017-05-02T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/6139-grain-prices-wheat-futures-bounce-back-02-may-2017-premium
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expected US crop losses are pulling both US and European wheat higher, supporting feed grain costs for buyers in the coming weeks.

## Read by commodity

- CORN: neutral
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-03-02 | [Wheat futures surge - Grain Central](https://feedsoft.ai/events/12430-wheat-futures-surge-grain-central.md) | +0.5% | -0.4% |
| WHEAT | 2017-05-03 | [Weather market dominant once again  - 03 May 2017 Premium](https://feedsoft.ai/events/6140-weather-market-dominant-once-again-03-may-2017-premium.md) | -2.1% | -1.7% |
| WHEAT | 2017-05-03 | [Grain, Soybean Futures Lifted by Weather Premium \| Fox Business](https://feedsoft.ai/events/10486-grain-soybean-futures-lifted-by-weather-premium-fox-business.md) | -2.1% | -1.7% |
| WHEAT | 2020-07-30 | [Russian Wheat Export Tax Boosts Grain Prices](https://feedsoft.ai/events/52024-russian-wheat-export-tax-boosts-grain-prices.md) | -1.5% | +0.4% |
| WHEAT | 2018-05-04 | [Wheat prices up from Dec. 2017 levels](https://feedsoft.ai/events/65061-wheat-prices-up-from-dec-2017-levels.md) | -4.0% | -1.3% |
| KWHEAT | 2022-11-15 | [ANALYSIS - Hard wheat futures build premium, as US seedlings struggle - Grain Price News](https://feedsoft.ai/events/38725-analysis-hard-wheat-futures-build-premium-as-us-seedlings-struggle-grain-price.md) | -2.3% | -7.7% |
| 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 | 2020-07-30 | [Russian Wheat Export Tax Boosts Grain Prices](https://feedsoft.ai/events/52024-russian-wheat-export-tax-boosts-grain-prices.md) | -4.3% | +1.0% |

## Sources

- farmersjournal.ie: https://www.farmersjournal.ie/tillage/markets/grain-prices-wheat-futures-bounce-back-274119

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