# K.C. Wheat Tumbles, Rain Heads to Kansas

> K.C. wheat fell about 14 cents as rain was forecast for Kansas, and Chicago and Minneapolis wheat also declined. Corn dropped on doubts about USDA's export estimate, with U.S. shipments down 27% year on year.

- Date: 2018-03-16 · published 2018-03-16T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/8008-k-c-wheat-tumbles-rain-heads-to-kansas
- 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

Forecast rain eases drought concerns for the Plains winter wheat crop, which pressures wheat futures. Doubts about corn exports weigh on feed grain prices.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2017-03-21 | [Wheat leads crop markets lower as rain arrives in Kansas](https://feedsoft.ai/events/10724-wheat-leads-crop-markets-lower-as-rain-arrives-in-kansas.md) | -5.4% | -5.8% |
| KWHEAT | 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) | -4.1% | -4.3% |
| KWHEAT | 2018-03-20 | [Kansas Downpour Sends Wheat Futures Tumbling Limit Down](https://feedsoft.ai/events/66056-kansas-downpour-sends-wheat-futures-tumbling-limit-down.md) | -0.4% | +2.2% |
| KWHEAT | 2017-10-20 | [Sorghum buyers go to ground as rain impacts wheat - Grain Central](https://feedsoft.ai/events/68526-sorghum-buyers-go-to-ground-as-rain-impacts-wheat-grain-central.md) | -0.2% | -2.9% |
| KWHEAT | 2018-04-16 | [CBOT wheat follows K.C. hard red winter wheat lower](https://feedsoft.ai/events/65544-cbot-wheat-follows-k-c-hard-red-winter-wheat-lower.md) | -2.6% | +1.2% |
| WHEAT | 2017-03-21 | [Wheat leads crop markets lower as rain arrives in Kansas](https://feedsoft.ai/events/10724-wheat-leads-crop-markets-lower-as-rain-arrives-in-kansas.md) | +1.9% | +1.9% |
| 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 | 2018-03-20 | [Kansas Downpour Sends Wheat Futures Tumbling Limit Down](https://feedsoft.ai/events/66056-kansas-downpour-sends-wheat-futures-tumbling-limit-down.md) | +0.6% | +4.6% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/03/16/k-c-wheat-tumbles-rain-heads-kansas

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