# Wheat prices jump into August — This week in the grain markets - RealAgriculture

> Winter wheat prices touched a three-year high before retreating after confusion over Ukraine's export policy. Chicago and Kansas City wheat contracts gained about 5 percent for the week, and Australia faced a very hot, dry summer and autumn.

- Date: 2018-08-03 · published 2018-08-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/9686-wheat-prices-jump-into-august-this-week-in-the-grain-markets-realagriculture
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Ukraine's possible export limits and Australian dryness both support wheat prices, though the quick reversal signals the market is cautious about policy headlines.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2018-08-06 | 1 | +3.6% | 3.6 | Weekly recap shows about 5% gains in Chicago and KC wheat on supply worries, giving momentum context, but it is partly retrospective. |

## Sources

- realagriculture.com: https://www.realagriculture.com/2018/08/wheat-prices-jump-into-august-this-week-in-the-grain-markets/

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