# Kansas Downpour Sends Wheat Futures Tumbling Limit Down

> Heavy rains in Kansas pushed Chicago May hard red winter wheat futures down 30 cents to $4.7025 a bushel on March 19, hitting the daily limit. The article also notes that a 50-day moving average falling below the 200-day average triggers technical selling. The move came after a rally driven by Plains drought concerns.

- Date: 2018-03-20 · published 2018-03-20T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/66056-kansas-downpour-sends-wheat-futures-tumbling-limit-down
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Rain that eases Plains drought removes the supply risk behind the rally, so HRW prices can fall further. Feed buyers may see lower wheat values if the rains continue.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| KWHEAT | 2018-03-18 | 1 | -5.9% | -4.0 | Describes heavy Kansas rain sending HRW futures limit down on March 19 and technical selling after the drought rally, which fits the move's timing and mechanism. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2018-03-16 | [K.C. Wheat Tumbles, Rain Heads to Kansas](https://feedsoft.ai/events/8008-k-c-wheat-tumbles-rain-heads-to-kansas.md) | -8.3% | -3.5% |
| KWHEAT | 2024-10-31 | [Wheat Futures Lose Ground as Rainfall Eases Dryness](https://feedsoft.ai/events/27900-wheat-futures-lose-ground-as-rainfall-eases-dryness.md) | -0.3% | -8.6% |
| KWHEAT | 2025-11-12 | [Weather having impact on wheat futures, supply \| World Grain](https://feedsoft.ai/events/21894-weather-having-impact-on-wheat-futures-supply-world-grain.md) | +0.5% | -1.4% |
| KWHEAT | 2017-03-21 | [Wheat leads crop markets lower as rain arrives in Kansas](https://feedsoft.ai/events/10724-wheat-leads-crop-markets-lower-as-rain-arrives-in-kansas.md) | -5.4% | -5.8% |
| KWHEAT | 2018-03-19 | [U.S. grains: Wheat tumbles as rains cross drought-hit Plains - Grainews](https://feedsoft.ai/events/8007-u-s-grains-wheat-tumbles-as-rains-cross-drought-hit-plains-grainews.md) | -4.1% | -4.3% |
| WHEAT | 2018-03-16 | [K.C. Wheat Tumbles, Rain Heads to Kansas](https://feedsoft.ai/events/8008-k-c-wheat-tumbles-rain-heads-to-kansas.md) | -1.0% | +0.2% |
| WHEAT | 2024-10-31 | [Wheat Futures Lose Ground as Rainfall Eases Dryness](https://feedsoft.ai/events/27900-wheat-futures-lose-ground-as-rainfall-eases-dryness.md) | +0.0% | -1.9% |
| WHEAT | 2022-11-25 | [GRAINS-Corn Futures Turn Higher, Wheat Hits Months-low on Choppy Trading Day](https://feedsoft.ai/events/12219-grains-corn-futures-turn-higher-wheat-hits-months-low-on-choppy-trading-day.md) | -1.0% | -3.4% |

## Sources

- gro-intelligence.com: https://www.gro-intelligence.com/insights/kansas-downpour-sends-wheat-futures-tumbling-limit-down

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