# Only a cataclysmic weather event will help rally grain prices - Agriland.ie

> R&H Hall trader Philip Lynch says world grain stocks keep rising as all major cereal regions had acceptable harvests. Black Sea and Russian output is growing, and weak local currencies are encouraging farmers. He says only a serious weather event would change the bearish balance.

- Date: 2017-11-05 · published 2017-11-05T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/68060-only-a-cataclysmic-weather-event-will-help-rally-grain-prices-agriland-ie
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising global grain stocks and expanding Black Sea output keep grain prices under pressure, which favors cheaper feed grain purchases. Prices would need a major weather shock to rally.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- agriland.ie: https://www.agriland.ie/farming-news/only-a-cataclysmic-weather-event-will-help-rally-grain-prices/

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