# U.S. grains: Winter wheat jumps as crop conditions drop - Grainews

> U.S. winter wheat futures surged to four-month highs after USDA cut condition ratings for drought-hit Plains winter wheat, with Kansas declining. Soybeans and corn also rose on concerns about poor South American weather in Argentina and Brazil.

- Date: 2018-01-30 · published 2018-01-30T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/67013-u-s-grains-winter-wheat-jumps-as-crop-conditions-drop-grainews
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Deteriorating HRW conditions tighten the outlook for hard wheat supplies, and South American dryness supports soybean and meal prices given tight export availability.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-04-03 | [U.S. grains: Wheat surges as USDA says crop conditions worst since 2002 - AgCanada](https://feedsoft.ai/events/65542-u-s-grains-wheat-surges-as-usda-says-crop-conditions-worst-since-2002-agcanada.md) | +1.0% | +6.8% |
| WHEAT | 2018-03-13 | [Drought threat intensifies for U.S. Plains winter wheat crop](https://feedsoft.ai/events/66052-drought-threat-intensifies-for-u-s-plains-winter-wheat-crop.md) | -1.6% | +0.5% |
| WHEAT | 2026-05-12 | [Wheat Extends Gains as Poor Weather Worsens US Crop Conditions - Bloomberg](https://feedsoft.ai/events/10790-wheat-extends-gains-as-poor-weather-worsens-us-crop-conditions-bloomberg.md) | -0.0% | -3.8% |
| WHEAT | 2018-02-27 | [U.S. grains: Wheat hits seven-month high on crop ratings - Grainews](https://feedsoft.ai/events/12433-u-s-grains-wheat-hits-seven-month-high-on-crop-ratings-grainews.md) | +2.4% | +1.3% |
| CORN | 2018-07-17 | [U.S. grains: Soy, corn rise on decline in crop conditions - Grainews](https://feedsoft.ai/events/5848-u-s-grains-soy-corn-rise-on-decline-in-crop-conditions-grainews.md) | -0.7% | -0.1% |
| CORN | 2018-04-03 | [U.S. grains: Wheat surges as USDA says crop conditions worst since 2002 - AgCanada](https://feedsoft.ai/events/65542-u-s-grains-wheat-surges-as-usda-says-crop-conditions-worst-since-2002-agcanada.md) | +0.7% | +1.4% |
| CORN | 2017-05-03 | [U.S. grains: Wheat futures flat as damage assessed - Grainews](https://feedsoft.ai/events/7002-u-s-grains-wheat-futures-flat-as-damage-assessed-grainews.md) | +0.5% | +1.2% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-grains-winter-wheat-jumps-as-crop-conditions-drop/

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