# Overseas grain pressures domestic prices

> New Zealand grain prices are expected to stay under pressure from imported grain values in the short term. The article notes delayed US spring wheat planting, better Black Sea winter wheat conditions, and dry weather in parts of Europe.

- Date: 2017-05-03 · published 2017-05-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/71075-overseas-grain-pressures-domestic-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stronger Black Sea and Australian crop prospects keep offshore wheat values capped, which weighs on import-parity prices. Dry conditions in Europe are a possible upside risk that buyers should watch.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/overseas-grain-pressures-domestic-prices/

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