# Weather events cause global feed prices to dip - Pig World

> AHDB reports UK feed wheat futures rose 5% to a contract high of GBP 154/t between June 21 and July 11, then fell to GBP 145/t by July 25 after a bearish USDA WASDE. Chicago November soybean futures rose 7% over the same period to nearly $365/t amid US dryness during pod setting.

- Date: 2017-07-28 · published 2017-07-28T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/70040-weather-events-cause-global-feed-prices-to-dip-pig-world
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weather-driven gains have partly reversed after the USDA report, but US soybean dryness during pod setting keeps a risk premium in feed grain and oilseed prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-04-28 | [Global wheat market: Wheat prices fall as weather improves in the northern hemisphere](https://feedsoft.ai/events/25164-global-wheat-market-wheat-prices-fall-as-weather-improves-in-the-northern.md) | -0.9% | -4.3% |
| WHEAT | 2023-06-01 | [Feed weekly outlook: Weather market will determine grain prices - AgCanada](https://feedsoft.ai/events/35565-feed-weekly-outlook-weather-market-will-determine-grain-prices-agcanada.md) | -3.6% | +8.1% |
| WHEAT | 2020-10-29 | [Analyst Insight: La Niña weather event could impact your rapeseed price \| AHDB](https://feedsoft.ai/events/50745-analyst-insight-la-nina-weather-event-could-impact-your-rapeseed-price-ahdb.md) | -2.0% | -7.4% |
| WHEAT | 2017-08-02 | [Weather continues to dominate market sentiment -  Premium](https://feedsoft.ai/events/12265-weather-continues-to-dominate-market-sentiment-premium.md) | -3.4% | -4.3% |
| WHEAT | 2023-05-16 | [U.S. weather, Brazilian production slashes grain prices](https://feedsoft.ai/events/5014-u-s-weather-brazilian-production-slashes-grain-prices.md) | -2.2% | -7.3% |
| SOY | 2017-11-21 | [Farming News - Rabobank: Weather event among threats to global food price stability in 2018](https://feedsoft.ai/events/67910-farming-news-rabobank-weather-event-among-threats-to-global-food-price.md) | +0.3% | -3.4% |
| SOY | 2023-09-28 | [Risks to global food commodity prices from El Niño](https://feedsoft.ai/events/33997-risks-to-global-food-commodity-prices-from-el-nino.md) | -2.3% | -1.2% |
| SOY | 2022-03-24 | [Bad omen for central US weather \| World Grain](https://feedsoft.ai/events/42196-bad-omen-for-central-us-weather-world-grain.md) | -3.2% | +1.7% |

## Sources

- pig-world.co.uk: https://www.pig-world.co.uk/news/weather-events-cause-global-feed-prices-to-dip.html

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