# The million dollar question: Where will grain price land? - Agriland.ie

> At Teagasc's National Crops Forum, grain trader James Nolan said wheat prices will fall as drought cut yields in the Black Sea, EU and Australia. He said world stocks can cover the deficit, though Russian stocks are declining.

- Date: 2018-09-16 · published 2018-09-16T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/63089-the-million-dollar-question-where-will-grain-price-land-agriland-ie
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Expected drought-driven supply shortfalls in major exporters are offset by stocks, so the outlook points to flat-to-lower wheat prices with timing uncertain.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-06-01 | [Feed weekly outlook: Weather market will determine grain prices - AgCanada](https://feedsoft.ai/events/35565-feed-weekly-outlook-weather-market-will-determine-grain-prices-agcanada.md) | -3.6% | +8.1% |
| WHEAT | 2025-03-25 | [Wheat prices fall amid increased rainfall in the US, Ukraine and Russia, which increases pressure on prices in Ukraine](https://feedsoft.ai/events/25622-wheat-prices-fall-amid-increased-rainfall-in-the-us-ukraine-and-russia-which.md) | -1.9% | +1.7% |
| WHEAT | 2025-04-28 | [Global wheat market: Wheat prices fall as weather improves in the northern hemisphere](https://feedsoft.ai/events/25164-global-wheat-market-wheat-prices-fall-as-weather-improves-in-the-northern.md) | -0.9% | -4.3% |
| WHEAT | 2022-12-22 | [How long will La Nina extend into 2023? Latest official forecasts - Grain Price News](https://feedsoft.ai/events/38151-how-long-will-la-nina-extend-into-2023-latest-official-forecasts-grain-price.md) | +0.1% | -3.6% |
| WHEAT | 2020-05-16 | [Going With the Grain: A nation-wide look at crop prospects - ABC News](https://feedsoft.ai/events/53074-going-with-the-grain-a-nation-wide-look-at-crop-prospects-abc-news.md) | +0.6% | +1.2% |
| KWHEAT | 2025-03-25 | [Wheat prices fall amid increased rainfall in the US, Ukraine and Russia, which increases pressure on prices in Ukraine](https://feedsoft.ai/events/25622-wheat-prices-fall-amid-increased-rainfall-in-the-us-ukraine-and-russia-which.md) | -3.6% | -5.5% |
| KWHEAT | 2025-04-28 | [Global wheat market: Wheat prices fall as weather improves in the northern hemisphere](https://feedsoft.ai/events/25164-global-wheat-market-wheat-prices-fall-as-weather-improves-in-the-northern.md) | -1.8% | +0.1% |
| KWHEAT | 2021-02-15 | [Weather issues driving grain markets in Northern Hemisphere \| Stock & Land \| VIC](https://feedsoft.ai/events/48677-weather-issues-driving-grain-markets-in-northern-hemisphere-stock-and-land-vic.md) | +4.5% | -1.6% |

## Sources

- agriland.ie: https://www.agriland.ie/farming-news/the-million-dollar-question-where-will-grain-price-land/

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