# Grain prices: a week of downward movements -  Premium

> Global grain markets moved mostly lower during the week as dry weather continued in the US and Argentina, while the Dow Jones decline spilled over into commodities. Kansas winter wheat rated poor or very poor doubled to 44% from December to January. Brazil's early soybean harvest benefited from dry weather, though recent rain slowed progress.

- Date: 2018-02-07 · published 2018-02-07T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/66560-grain-prices-a-week-of-downward-movements-premium
- 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

Drought in the US and Argentina keeps supply risk in grains and oilseeds, but weak equity markets and Brazil's harvest pressure limit gains. Feed buyers should expect volatile but mixed price direction.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-10-24 | [Grain prices: wet weather hits winter sowings across Europe - 24 October 2017 Premium](https://feedsoft.ai/events/68484-grain-prices-wet-weather-hits-winter-sowings-across-europe-24-october-2017.md) | -4.3% | -5.8% |
| WHEAT | 2018-05-08 | [Grain Markets Move Sharply Up or Down, Analyst Says](https://feedsoft.ai/events/7883-grain-markets-move-sharply-up-or-down-analyst-says.md) | -1.4% | +2.2% |
| WHEAT | 2022-11-15 | [ANALYSIS - Hard wheat futures build premium, as US seedlings struggle - Grain Price News](https://feedsoft.ai/events/38725-analysis-hard-wheat-futures-build-premium-as-us-seedlings-struggle-grain-price.md) | +1.1% | -1.2% |
| WHEAT | 2017-12-29 | [Mississippi River Archives - Page 2 of 2 - Grainews](https://feedsoft.ai/events/67667-mississippi-river-archives-page-2-of-2-grainews.md) | +0.9% | +3.3% |
| WHEAT | 2022-07-29 | [Dip in grain prices may linger but prices could strengthen - High Plains Journal](https://feedsoft.ai/events/40511-dip-in-grain-prices-may-linger-but-prices-could-strengthen-high-plains-journal.md) | +4.4% | -0.4% |
| CORN | 2017-05-02 | [Grain prices: wheat futures bounce back - 02 May 2017 Premium](https://feedsoft.ai/events/6139-grain-prices-wheat-futures-bounce-back-02-may-2017-premium.md) | -0.6% | +1.5% |
| CORN | 2017-10-24 | [Grain prices: wet weather hits winter sowings across Europe - 24 October 2017 Premium](https://feedsoft.ai/events/68484-grain-prices-wet-weather-hits-winter-sowings-across-europe-24-october-2017.md) | -0.6% | -5.0% |
| CORN | 2025-12-30 | [Impact of Rain and Drought on December Grain Prices](https://feedsoft.ai/events/13822-impact-of-rain-and-drought-on-december-grain-prices.md) | +0.0% | -2.1% |

## Sources

- farmersjournal.ie: https://www.farmersjournal.ie/grain-prices-a-week-of-downward-movements-344793

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