# Wheat prices rise as shoppers rush to stockpile pasta and flour – The Irish Times

> Chicago wheat gained 12% over the week to $5.55 1/2 a bushel and Euronext wheat rose 8% to €186.75 a tonne as shoppers stockpiled pasta, flour and bread amid the coronavirus crisis. Governments and North African buyers also added to strategic inventories, and emerging market currencies fell heavily.

- Date: 2020-03-25 · published 2020-03-25T12:00:00.000Z
- Category: trade · region Global · magnitude high
- Page: https://feedsoft.ai/events/8240-wheat-prices-rise-as-shoppers-rush-to-stockpile-pasta-and-flour-the-irish-times
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Panic buying and government stock-building add sustained demand for wheat, pushing prices sharply higher across Chicago and Paris and raising feed grain costs. Weaker emerging market currencies also lift import costs for those buyers.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-04-01 | [Wheat Prices On The Rise As Harvest Season Approaches \| KOSU](https://feedsoft.ai/events/53687-wheat-prices-on-the-rise-as-harvest-season-approaches-kosu.md) | +1.6% | -1.6% |
| WHEAT | 2019-01-20 | [Russian wheat prices on rise \| Farm Online \| ACT](https://feedsoft.ai/events/7656-russian-wheat-prices-on-rise-farm-online-act.md) | +3.3% | +2.1% |
| WHEAT | 2017-10-10 | [E-Malt.com News article: Russia: Barley and wheat export prices rise amid strong demand from buyers](https://feedsoft.ai/events/68521-e-malt-com-news-article-russia-barley-and-wheat-export-prices-rise-amid-strong.md) | +0.2% | -3.8% |
| WHEAT | 2017-09-25 | [Russia: wheat export prices are rising due to good](https://feedsoft.ai/events/69002-russia-wheat-export-prices-are-rising-due-to-good.md) | -7.1% | +2.9% |
| WHEAT | 2022-05-16 | [Wheat prices rise almost 6% as India export ban shakes markets](https://feedsoft.ai/events/41451-wheat-prices-rise-almost-6-as-india-export-ban-shakes-markets.md) | +4.0% | -0.3% |
| KWHEAT | 2020-04-01 | [Wheat Prices On The Rise As Harvest Season Approaches \| KOSU](https://feedsoft.ai/events/53687-wheat-prices-on-the-rise-as-harvest-season-approaches-kosu.md) | -4.0% | -5.1% |
| KWHEAT | 2019-01-20 | [Russian wheat prices on rise \| Farm Online \| ACT](https://feedsoft.ai/events/7656-russian-wheat-prices-on-rise-farm-online-act.md) | +0.1% | -8.9% |
| KWHEAT | 2022-05-16 | [Wheat prices rise almost 6% as India export ban shakes markets](https://feedsoft.ai/events/41451-wheat-prices-rise-almost-6-as-india-export-ban-shakes-markets.md) | 0.0% | -7.3% |

## Sources

- irishtimes.com: https://www.irishtimes.com/business/agribusiness-and-food/wheat-prices-rise-as-shoppers-rush-to-stockpile-pasta-and-flour-1.4212076

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