# Farming News - The ongoing trade dispute, weather & politics keep markets nervy

> Gleadell's David Sheppard says the US-China trade dispute has kept grain markets nervous, with the downturn spilling into wheat even as dryness in eastern EU and downgraded Russian and Ukrainian crop estimates support values. Analysts put Russia's crop at 67-73 million tonnes and expect EU wheat exports of 21-21.5 million tonnes, below the USDA's 24 million.

- Date: 2018-06-22 · published 2018-06-22T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/64829-farming-news-the-ongoing-trade-dispute-weather-and-politics-keep-markets-nervy
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower crop estimates from the Black Sea and EU could tighten world wheat supplies and limit price declines, though trade-war anxiety keeps prices volatile for feed buyers.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-09-27 | [Watch the grain markets this fall - Grainews](https://feedsoft.ai/events/63075-watch-the-grain-markets-this-fall-grainews.md) | +2.4% | +8.1% |
| WHEAT | 2020-01-28 | [New oat, wheat markets debut in Iowa \| Farm Progress](https://feedsoft.ai/events/55132-new-oat-wheat-markets-debut-in-iowa-farm-progress.md) | -0.5% | +2.7% |
| WHEAT | 2020-05-19 | [Barley markets rebound following tariff news \| Farm Online \| ACT](https://feedsoft.ai/events/53197-barley-markets-rebound-following-tariff-news-farm-online-act.md) | +2.0% | +0.3% |
| WHEAT | 2018-11-17 | [Global trade flows dominate local cash markets — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/11723-global-trade-flows-dominate-local-cash-markets-this-week-in-the-grain-markets.md) | -0.1% | +4.8% |
| WHEAT | 2019-02-13 | [Russian dominance over world wheat markets slows - Farmers Weekly](https://feedsoft.ai/events/60537-russian-dominance-over-world-wheat-markets-slows-farmers-weekly.md) | -2.1% | -4.5% |
| CORN | 2018-06-29 | [Farming News - Market Update - New crop all about weather and politics](https://feedsoft.ai/events/64476-farming-news-market-update-new-crop-all-about-weather-and-politics.md) | +2.3% | -0.9% |
| CORN | 2019-03-06 | [Boston Herald - Boston news, sports, politics, opinion, entertainment, weather and obituaries - Mexican trade dispute may dramatically impact U.S. corn growers](https://feedsoft.ai/events/60063-boston-herald-boston-news-sports-politics-opinion-entertainment-weather-and.md) | -1.7% | -1.5% |
| CORN | 2018-06-24 | [Trade wars leave farming as a casualty - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/64502-trade-wars-leave-farming-as-a-casualty-agweek-1-source-for-agriculture-news.md) | -1.1% | -3.7% |

## Sources

- farming.co.uk: https://farming.co.uk/news/-the-ongoing-trade-dispute-weather--politics-keep-markets-nervy

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