# Marketline Report for Tuesday, June 4th - AG INFORMATION NETWORK OF THE WEST

> Chicago July wheat closed up 16.75 cents at 5.20 1/4 on June 3 after heavy rain and flooding raised fears of crop damage. Kansas City and Chicago wheat both gained double digits, and July corn fell 2.75 cents.

- Date: 2019-06-04 · published 2019-06-04T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/8682-marketline-report-for-tuesday-june-4th-ag-information-network-of-the-west
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Flood damage to US wheat and planting delays tighten expected wheat supplies, lifting feed wheat values. Traders expect volatility ahead of USDA crop reports.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2019-06-03 | 1 | +6.6% | 3.8 | Reports Chicago July wheat closed up 16.75 cents on June 3 on heavy rain and flooding crop-damage fears, directly describing the day's move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-08-02 | [Wheat Spike - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/9688-wheat-spike-ag-information-network-of-the-west.md) | +3.5% | +1.5% |
| WHEAT | 2017-05-18 | [Poor Winter Wheat - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/10220-poor-winter-wheat-ag-information-network-of-the-west.md) | +3.0% | +1.9% |
| WHEAT | 2026-07-06 | [Here are 3 big reasons for the grain market's post-4th of July rally - Pro Farmer](https://feedsoft.ai/events/10786-here-are-3-big-reasons-for-the-grain-market-s-post-4th-of-july-rally-pro-farmer.md) | +0.2% | +1.3% |
| WHEAT | 2026-06-29 | [Arable Market Report – 29 June 2026 \| AHDB](https://feedsoft.ai/events/18848-arable-market-report-29-june-2026-ahdb.md) | -0.7% | +1.7% |
| WHEAT | 2022-01-21 | [The market rally after the reports - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10893-the-market-rally-after-the-reports-agweek-1-source-for-agriculture-news-farming.md) | +0.5% | -1.6% |
| KWHEAT | 2017-05-18 | [Poor Winter Wheat - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/10220-poor-winter-wheat-ag-information-network-of-the-west.md) | +1.5% | +9.1% |
| KWHEAT | 2026-07-06 | [Here are 3 big reasons for the grain market's post-4th of July rally - Pro Farmer](https://feedsoft.ai/events/10786-here-are-3-big-reasons-for-the-grain-market-s-post-4th-of-july-rally-pro-farmer.md) | +5.7% | +12.8% |
| KWHEAT | 2019-05-29 | [Daily US grain report: grain futures markets on fire, but for how long?
						 \| The Pig Site](https://feedsoft.ai/events/10896-daily-us-grain-report-grain-futures-markets-on-fire-but-for-how-long-the-pig.md) | +1.7% | +1.0% |

## Sources

- aginfo.net: https://www.aginfo.net/report/42982/Marketline-Report-for-Tuesday-June-4th

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