# Farming News - Wheat & Oilseed market update from ADM - UK wheat conditions continue to improve

> ADM's head of grain trading said wheat prices fell on forecasts of rain in the U.S. northern plains and talk of lower Chinese corn demand, ending a rally driven by dry weather in Brazil. Russia raised its 2021 grain crop estimate, and French and UK wheat conditions improved.

- Date: 2021-06-18 · published 2021-06-18T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/7307-farming-news-wheat-and-oilseed-market-update-from-adm-uk-wheat-conditions
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Improved crop ratings in Europe and Russia and expected rain in the U.S. add supply comfort to wheat and corn. Lower Chinese demand talk also reduces import pull, though Brazil's crop losses keep longer-term support.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2021-06-25 | 5 | -6.6% | -2.9 | Wheat fell on rain forecasts for the northern plains, a higher Russian crop estimate and better French and UK crop conditions, which pointed to larger supply. |
| WHEAT | 2021-06-21 | 1 | -5.4% | -4.3 | Rain forecasts for the northern plains, a larger Russian crop estimate, improved EU wheat conditions and weaker Chinese demand talk all reduce supply-risk premium for wheat. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-04-29 | [Wheat prices are under pressure from improved weather conditions for the new crop](https://feedsoft.ai/events/25156-wheat-prices-are-under-pressure-from-improved-weather-conditions-for-the-new.md) | +2.1% | -2.8% |
| WHEAT | 2025-08-27 | [Analysts lift Australia's wheat harvest forecast on improved crop conditions — TradingView News](https://feedsoft.ai/events/23270-analysts-lift-australia-s-wheat-harvest-forecast-on-improved-crop-conditions.md) | +0.1% | -0.9% |
| WHEAT | 2023-12-22 | [Grains respond to continued hot, dry weather in Brazil - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/11282-grains-respond-to-continued-hot-dry-weather-in-brazil-agweek-1-source-for.md) | +0.9% | +1.5% |
| WHEAT | 2023-01-31 | [Canada Know-Risk Market Outlook \| US HRW Wheat Ratings Improve](https://feedsoft.ai/events/37824-canada-know-risk-market-outlook-us-hrw-wheat-ratings-improve.md) | +2.2% | -4.4% |
| 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% |
| CORN | 2024-04-05 | [Drought Conditions Improving in Much of Midwest \| Red River Farm Network](https://feedsoft.ai/events/13192-drought-conditions-improving-in-much-of-midwest-red-river-farm-network.md) | -2.2% | -0.4% |
| CORN | 2025-07-31 | [Corn and Soybean Drought Conditions improve - Pro Farmer](https://feedsoft.ai/events/13070-corn-and-soybean-drought-conditions-improve-pro-farmer.md) | -2.0% | -1.7% |
| CORN | 2019-02-26 | [More Improved South America Weather Conditions](https://feedsoft.ai/events/60440-more-improved-south-america-weather-conditions.md) | -1.5% | +0.9% |

## Sources

- farming.co.uk: https://farming.co.uk/news/wheat--oilseed-market-update-from-adm---uk-wheat-conditions-continue-to-improve

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