# Gold Prediction |Commodity Market Review: Wheat, Coffee, Cocoa Prices Surging Over Week

> Wheat prices rallied from a May 13 low of $4.185 to over $5.20 a bushel on extreme Midwest weather that delayed planting. Coffee and cocoa also rose, with cocoa supported by production problems in Ghana and Ivory Coast.

- Date: 2019-06-03 · published 2019-06-03T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/8687-gold-prediction-commodity-market-review-wheat-coffee-cocoa-prices-surging-over
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Planting delays and downgraded yield expectations support wheat prices, and wheat is a feed ingredient that competes with corn. Trade policy risk could still weigh on export demand.

## Read by commodity

- WHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2019-06-03 | 1 | +6.6% | 3.8 | Describes wheat's rally from the May 13 low to above $5.20 on Midwest weather delaying planting, showing momentum and supply concerns around the move date. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-01-26 | [Wheat: Cold ground, hot market: wheat prices rise](https://feedsoft.ai/events/21101-wheat-cold-ground-hot-market-wheat-prices-rise.md) | +2.3% | +5.5% |
| WHEAT | 2024-05-21 | [Grain market review: Wheat \| World Grain](https://feedsoft.ai/events/4592-grain-market-review-wheat-world-grain.md) | -7.2% | -10.5% |
| WHEAT | 2024-05-09 | [Wheat Prices Have Soared on Global Conflict, Extreme Weather - Markets Insider](https://feedsoft.ai/events/30292-wheat-prices-have-soared-on-global-conflict-extreme-weather-markets-insider.md) | +2.0% | +6.5% |
| WHEAT | 2021-09-01 | [La Niña Wheat Prices And Market Volatility](https://feedsoft.ai/events/45014-la-nina-wheat-prices-and-market-volatility.md) | +1.4% | +0.8% |
| WHEAT | 2024-06-21 | [Commodities Market Impact Weather](https://feedsoft.ai/events/13179-commodities-market-impact-weather.md) | -6.9% | -4.7% |

## Sources

- gold-prediction.com: https://gold-prediction.com/2019/06/03/commodity-market-review-wheat-coffee-cocoa-prices-surging-over-week/

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