# Storm Damages Midwest Wheat Crop; More Heavy Rain to Come

> A weekend snow and wind storm damaged ripening wheat across Kansas, Colorado, Oklahoma and Nebraska, and forecasters expected more heavy rain across the Mississippi Valley. Early estimates put crop losses above 50 million bushels. Chicago wheat posted record one-day gains, with hard red winter futures up 6.5 percent and soft red winter up 5.5 percent, while corn also climbed.

- Date: 2017-05-02 · published 2017-05-02T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/7003-storm-damages-midwest-wheat-crop-more-heavy-rain-to-come
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Losses above 50 million bushels and record price gains point to a real tightening of U.S. wheat supply, and flooding in the Midwest adds risk to corn planting. Buyers of feed grains should expect firmer prices while losses are confirmed.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2025-03-17 | [U.S. grains: Wheat climbs on fears of wind damage to US crop - AgCanada](https://feedsoft.ai/events/5620-u-s-grains-wheat-climbs-on-fears-of-wind-damage-to-us-crop-agcanada.md) | +2.7% | -1.0% |
| KWHEAT | 2017-07-31 | [Canola market dips to rally, heat stress hits wheat crops - AgCanada](https://feedsoft.ai/events/69929-canola-market-dips-to-rally-heat-stress-hits-wheat-crops-agcanada.md) | -4.5% | -15.9% |
| KWHEAT | 2023-05-18 | [Wheat Tour Sees Short Crop; Black Sea Grain Deal Prevents Rally](https://feedsoft.ai/events/36016-wheat-tour-sees-short-crop-black-sea-grain-deal-prevents-rally.md) | -8.3% | -8.2% |
| KWHEAT | 2020-05-05 | [UK to see smallest wheat crops in decades: Carr’s Flour monthly Wheat Report](https://feedsoft.ai/events/53057-uk-to-see-smallest-wheat-crops-in-decades-carr-s-flour-monthly-wheat-report.md) | +2.5% | -6.8% |
| KWHEAT | 2017-05-02 | [Cold damage pushes wheat market up](https://feedsoft.ai/events/7005-cold-damage-pushes-wheat-market-up.md) | -4.5% | -4.3% |
| WHEAT | 2017-06-20 | [Heatwave damages French wheat crops, rain helps in northern Europe](https://feedsoft.ai/events/70429-heatwave-damages-french-wheat-crops-rain-helps-in-northern-europe.md) | -0.9% | -0.9% |
| WHEAT | 2024-06-06 | [France May See Worst Wheat Damage in Years Due to Non-Stop Rain - Bloomberg](https://feedsoft.ai/events/29701-france-may-see-worst-wheat-damage-in-years-due-to-non-stop-rain-bloomberg.md) | +3.7% | -7.6% |
| WHEAT | 2025-03-17 | [U.S. grains: Wheat climbs on fears of wind damage to US crop - AgCanada](https://feedsoft.ai/events/5620-u-s-grains-wheat-climbs-on-fears-of-wind-damage-to-us-crop-agcanada.md) | +5.3% | +2.5% |

## Sources

- carriermanagement.com: https://www.carriermanagement.com/news/2017/05/02/166701.htm

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