# Weather conditions drive up prices for wheat — Latifundist.com

> Wheat prices hit a 10-month high at the start of the week on forecasts of dry, hot weather in the U.S., Ukraine and Russia wheat regions. Chicago SRW and Kansas City HRW July futures rose about 3.7% and crossed USD 200/ton.

- Date: 2018-05-31 · published 2018-05-31T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/65073-weather-conditions-drive-up-prices-for-wheat-latifundist-com
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Forecast heat and dryness in major exporting regions threaten yields and export supplies, supporting wheat prices and feed-grain substitution costs.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-11-01 | [Black Sea corn, wheat prices soar up: Agritel — Latifundist.com](https://feedsoft.ai/events/14535-black-sea-corn-wheat-prices-soar-up-agritel-latifundist-com.md) | +9.3% | +8.1% |
| WHEAT | 2019-05-21 | [Wet US conditions boost corn wheat prices \| Saxo](https://feedsoft.ai/events/5630-wet-us-conditions-boost-corn-wheat-prices-saxo.md) | -13.2% | -6.0% |
| WHEAT | 2018-06-26 | [Wheat price drives up rations - Farmers Weekly](https://feedsoft.ai/events/11645-wheat-price-drives-up-rations-farmers-weekly.md) | -4.9% | -0.0% |
| WHEAT | 2018-02-08 | [Dry conditions in the Plains could boost wheat prices \| Capital Press](https://feedsoft.ai/events/66544-dry-conditions-in-the-plains-could-boost-wheat-prices-capital-press.md) | -0.5% | +1.3% |
| WHEAT | 2026-01-29 | [Wheat turns up: Dry weather and a weak dollar drive up](https://feedsoft.ai/events/21096-wheat-turns-up-dry-weather-and-a-weak-dollar-drive-up.md) | -0.5% | +3.1% |
| KWHEAT | 2018-02-08 | [Dry conditions in the Plains could boost wheat prices \| Capital Press](https://feedsoft.ai/events/66544-dry-conditions-in-the-plains-could-boost-wheat-prices-capital-press.md) | -2.3% | +8.1% |
| KWHEAT | 2026-01-29 | [Wheat turns up: Dry weather and a weak dollar drive up](https://feedsoft.ai/events/21096-wheat-turns-up-dry-weather-and-a-weak-dollar-drive-up.md) | -2.2% | +1.7% |
| KWHEAT | 2018-05-04 | [Wheat prices up from Dec. 2017 levels](https://feedsoft.ai/events/65061-wheat-prices-up-from-dec-2017-levels.md) | -7.3% | -1.2% |

## Sources

- latifundist.com: https://latifundist.com/en/novosti/40226-pogodnye-usloviya-vyzyvayut-povyshenie-tsen-na-pshenitsu

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