# Wheat Prices Fall as Drought Worsens

> Minneapolis spring wheat, which led the 2017 grain rally, has been pushed by northwestern Plains drought. DTN compares the current price path with 1988, when prices peaked long before drought eased. Prices are now falling as drought worsens.

- Date: 2017-08-01 · published 2017-08-01T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7130-wheat-prices-fall-as-drought-worsens
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Spring wheat prices appear to be peaking early in the drought, so the rally may be fading before the crop is fully lost. Traders should expect volatility and a possible decline.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-08-23 | [Wheat prices in Ukraine fall under pressure from falling world prices](https://feedsoft.ai/events/28813-wheat-prices-in-ukraine-fall-under-pressure-from-falling-world-prices.md) | -0.2% | +2.8% |
| WHEAT | 2018-03-19 | [U.S. grains: Wheat tumbles as rains cross drought-hit Plains - Grainews](https://feedsoft.ai/events/8007-u-s-grains-wheat-tumbles-as-rains-cross-drought-hit-plains-grainews.md) | -0.5% | +3.6% |
| WHEAT | 2025-03-25 | [Wheat Prices Drop: Rainfall's Impact in USA, Ukraine, Russia](https://feedsoft.ai/events/25634-wheat-prices-drop-rainfall-s-impact-in-usa-ukraine-russia.md) | -1.9% | +1.7% |
| WHEAT | 2023-04-05 | [USA: Wheat Spread Hits Record As Drought Plagues Midwest](https://feedsoft.ai/events/36445-usa-wheat-spread-hits-record-as-drought-plagues-midwest.md) | -2.9% | -2.8% |
| WHEAT | 2018-04-18 | [Wheat prices fall on US rain, but dry threat remains for winter crop \| Farm Online \| ACT](https://feedsoft.ai/events/65564-wheat-prices-fall-on-us-rain-but-dry-threat-remains-for-winter-crop-farm-online.md) | +0.1% | -0.9% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2017/08/01/wheat-prices-fall-drought-worsens

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