# U.S. rains, Canadian harvest pressures wheat markets — This week in the grain markets - RealAgriculture

> Chicago SRW wheat fell about 32 cents to close down 5.5% on the week, and Kansas City HRW dropped nearly 40 cents, as rains fell across U.S. winter wheat areas. Minneapolis spring wheat lost 25 to 30 cents. StatsCan reported July 31 wheat stocks of 6.2 million tonnes, 10% below a year earlier.

- Date: 2018-09-08 · published 2018-09-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63073-u-s-rains-canadian-harvest-pressures-wheat-markets-this-week-in-the-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Rain in U.S. winter wheat areas and harvest pressure from Canada weigh on wheat values, while lower Canadian stocks give some support.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- realagriculture.com: https://www.realagriculture.com/2018/09/u-s-rains-canadian-harvest-pressures-wheat-markets-this-week-in-the-grain-markets/

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