# Weekly Commodity Report w/e 4th August 2017 | Wynnstay Humphrey Feeds & Pullets | Advancing Poultry Performance

> A UK feed commentary reports that November wheat futures fell from £147.80 to £143.75 per tonne as forecast rain eased US Midwest heat concerns and funds sold. GM soya prices dropped £15/t to £280/t ex-port for November-April, with about 60% of the US soy crop rated good or excellent.

- Date: 2017-08-04 · published 2017-08-04T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/69540-weekly-commodity-report-w-e-4th-august-2017-wynnstay-humphrey-feeds-and-pullets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Improved US crop weather and fund liquidation are pushing grain and soymeal prices lower, which reduces feed input costs for buyers in the near term.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-07-14 | [Weekly Commodity Report w/e 14-7-17 \| Wynnstay Humphrey Feeds & Pullets \| Advancing Poultry Performance](https://feedsoft.ai/events/6476-weekly-commodity-report-w-e-14-7-17-wynnstay-humphrey-feeds-and-pullets.md) | -0.8% | -1.4% |
| WHEAT | 2017-08-25 | [Harvest 2017: Wheat 65% cut, spring barley 40% combined - Farmers Weekly](https://feedsoft.ai/events/69506-harvest-2017-wheat-65-cut-spring-barley-40-combined-farmers-weekly.md) | +3.2% | +7.2% |
| WHEAT | 2022-07-15 | [Weather and recession fears trump USDA report - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/5593-weather-and-recession-fears-trump-usda-report-agweek-1-source-for-agriculture.md) | +8.2% | +8.9% |
| WHEAT | 2024-12-18 | [COMMODITIES 2025: Australia to see jump in wheat output but quality concerns remain \| S&P Global](https://feedsoft.ai/events/26922-commodities-2025-australia-to-see-jump-in-wheat-output-but-quality-concerns.md) | +1.4% | -0.4% |
| WHEAT | 2024-08-15 | [Weekly Australian Climate, Water and Agricultural Update, 15 August 2024 - DAFF](https://feedsoft.ai/events/28735-weekly-australian-climate-water-and-agricultural-update-15-august-2024-daff.md) | -6.9% | -2.6% |
| SBM | 2024-11-25 | [Soybean Weekly Report](https://feedsoft.ai/events/11136-soybean-weekly-report.md) | -2.2% | -0.8% |
| SBM | 2024-11-28 | [New soybean crop planting crop advances and already exceeds 80% in Brazil](https://feedsoft.ai/events/13535-new-soybean-crop-planting-crop-advances-and-already-exceeds-80-in-brazil.md) | -1.3% | +2.2% |
| SBM | 2026-09-17 | [El Niño Could Create Grains Price Advantage for Brazil \| CZ app](https://feedsoft.ai/events/16770-el-nino-could-create-grains-price-advantage-for-brazil-cz-app.md) | +0.9% | +0.5% |

## Sources

- feedsandpullets.co.uk: https://www.feedsandpullets.co.uk/poultry-performance-centre/2017/8/4/humphrey-feeds-commodity-report-we-4th-august-2017

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