# Grain report: weather market is now increasingly sensitive  -  Premium

> Global wheat production is becoming more sensitive to weather as dryness affects major wheat regions, especially the Black Sea. EU grain production estimates have been cut, while recent US planting progress and favourable weather pressured maize.

- Date: 2018-06-06 · published 2018-06-06T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/64588-grain-report-weather-market-is-now-increasingly-sensitive-premium
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Dryness-driven cuts to wheat supply support wheat prices and could lift maize as wheat pulls it higher, while favourable US weather limits corn gains.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-04-28 | [Global weather driving price rises in grains and oilseeds: Feed market report \| AHDB](https://feedsoft.ai/events/9793-global-weather-driving-price-rises-in-grains-and-oilseeds-feed-market-report.md) | -6.0% | -5.4% |
| WHEAT | 2021-07-29 | [Weather adds uncertainty to global grain markets: Feed market report \| AHDB](https://feedsoft.ai/events/46176-weather-adds-uncertainty-to-global-grain-markets-feed-market-report-ahdb.md) | +2.2% | +2.5% |
| 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 | 2018-12-18 | [Weekly Market Report - Grain Brokers Australia](https://feedsoft.ai/events/61642-weekly-market-report-grain-brokers-australia.md) | -1.8% | -2.2% |
| WHEAT | 2024-04-29 | [Grains Report 04/29/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/30803-grains-report-04-29-2024-market-insightsmarket-insights.md) | -1.8% | +21.1% |
| CORN | 2016-06-23 | [Weather Markets in Full Play as Grain Prices Plummet - Northern Ag Network](https://feedsoft.ai/events/9746-weather-markets-in-full-play-as-grain-prices-plummet-northern-ag-network.md) | -3.5% | -5.7% |
| CORN | 2016-08-12 | [Grain market update: prices fluctuate ahead of WASDE report - 12 August 2016 Premium](https://feedsoft.ai/events/9953-grain-market-update-prices-fluctuate-ahead-of-wasde-report-12-august-2016.md) | +2.1% | -0.9% |
| CORN | 2019-09-07 | [Tumbling into September — this week in the grain markets - RealAgriculture](https://feedsoft.ai/events/9143-tumbling-into-september-this-week-in-the-grain-markets-realagriculture.md) | -0.9% | +3.4% |

## Sources

- farmersjournal.ie: https://www.farmersjournal.ie/tillage/markets/grain-report-weather-market-is-now-increasingly-sensitive-377698

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