# US crop worries supports wheat prices | VIC

> Drought across the southern and central US Plains, driven by La Niña, has hit Kansas, Oklahoma and Texas, which produce most of the national wheat crop. Kansas HRW crop ratings fell sharply in the latest USDA reports. Analysts expect partial recovery with spring rain but warn yields may fall below average.

- Date: 2018-02-06 · published 2018-02-06T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/66543-us-crop-worries-supports-wheat-prices-vic
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower expected US HRW yields support Kansas City wheat futures and global wheat values, including Australian prices. The outcome depends on spring rainfall.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2020-10-29 | [Dryness supports prices \| WA](https://feedsoft.ai/events/50690-dryness-supports-prices-wa.md) | +3.0% | +0.1% |
| KWHEAT | 2023-04-21 | [Wheat prices torn between strong Russian exports and struggling US crops \| Stock Journal \| SA](https://feedsoft.ai/events/36443-wheat-prices-torn-between-strong-russian-exports-and-struggling-us-crops-stock.md) | -7.3% | +2.0% |
| KWHEAT | 2024-07-01 | [Have wheat prices peaked?](https://feedsoft.ai/events/29816-have-wheat-prices-peaked.md) | -2.4% | -5.8% |
| KWHEAT | 2018-05-31 | [Drought and U.S. Rail Rates Prop Up U.S. Export Prices - U.S. Wheat Associates](https://feedsoft.ai/events/64934-drought-and-u-s-rail-rates-prop-up-u-s-export-prices-u-s-wheat-associates.md) | -0.2% | -14.9% |
| KWHEAT | 2020-05-26 | [Canadian Wheat Crop Boosts Export Pressure](https://feedsoft.ai/events/53174-canadian-wheat-crop-boosts-export-pressure.md) | +4.0% | -3.0% |
| WHEAT | 2026-07-23 | [Heat Worries US Wheat Farmers Just as Crop Prices Surge - Bloomberg](https://feedsoft.ai/events/18406-heat-worries-us-wheat-farmers-just-as-crop-prices-surge-bloomberg.md) | -2.5% | +2.2% |
| WHEAT | 2017-06-28 | [Wheat prices firm on worries dry weather could hit U.S. crops](https://feedsoft.ai/events/9718-wheat-prices-firm-on-worries-dry-weather-could-hit-u-s-crops.md) | +3.2% | -2.8% |
| WHEAT | 2020-10-29 | [Dryness supports prices \| WA](https://feedsoft.ai/events/50690-dryness-supports-prices-wa.md) | -2.0% | -7.4% |

## Sources

- stockandland.com.au: https://www.stockandland.com.au/story/5212398/us-crop-worries-supports-wheat-prices/

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