# U.S. grains: Wheat surges as USDA says crop conditions worst since 2002 - AgCanada

> US wheat futures surged on April 3 led by hard red winter wheat after USDA rated the Plains crop in the worst shape in 16 years, with only 32% of winter wheat rated good to excellent. Cold, wet weather in the central US also raised concerns about delayed corn planting.

- Date: 2018-04-03 · published 2018-04-03T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/65542-u-s-grains-wheat-surges-as-usda-says-crop-conditions-worst-since-2002-agcanada
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Poor HRW crop ratings tighten US wheat supply and support prices, while planting delays add upside risk for corn and feed grain costs. Trade war fears with China cap the rally.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-01-30 | [U.S. grains: Winter wheat jumps as crop conditions drop - Grainews](https://feedsoft.ai/events/67013-u-s-grains-winter-wheat-jumps-as-crop-conditions-drop-grainews.md) | +2.0% | +2.0% |
| WHEAT | 2021-04-23 | [U.S. grains: Corn highest since 2013 - AgCanada](https://feedsoft.ai/events/10295-u-s-grains-corn-highest-since-2013-agcanada.md) | +3.2% | -0.2% |
| WHEAT | 2022-01-19 | [U.S. grains: Wheat, corn rally to highest since December - AgCanada](https://feedsoft.ai/events/11816-u-s-grains-wheat-corn-rally-to-highest-since-december-agcanada.md) | +1.9% | -1.5% |
| WHEAT | 2018-02-08 | [U.S. Crop Conditions Fall as Drought Conditions Worsen - U.S. Wheat Associates](https://feedsoft.ai/events/66541-u-s-crop-conditions-fall-as-drought-conditions-worsen-u-s-wheat-associates.md) | -0.5% | +1.3% |
| WHEAT | 2025-03-17 | [U.S. grains: Wheat climbs on fears of wind damage to US crop - AgCanada](https://feedsoft.ai/events/5620-u-s-grains-wheat-climbs-on-fears-of-wind-damage-to-us-crop-agcanada.md) | +5.3% | +2.5% |
| CORN | 2018-01-30 | [U.S. grains: Winter wheat jumps as crop conditions drop - Grainews](https://feedsoft.ai/events/67013-u-s-grains-winter-wheat-jumps-as-crop-conditions-drop-grainews.md) | -0.0% | +1.6% |
| CORN | 2021-04-23 | [U.S. grains: Corn highest since 2013 - AgCanada](https://feedsoft.ai/events/10295-u-s-grains-corn-highest-since-2013-agcanada.md) | +10.5% | +8.1% |
| CORN | 2022-01-19 | [U.S. grains: Wheat, corn rally to highest since December - AgCanada](https://feedsoft.ai/events/11816-u-s-grains-wheat-corn-rally-to-highest-since-december-agcanada.md) | +2.1% | +6.9% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-wheat-surges-as-usda-says-crop-conditions-worst-since-2002

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