Futures file: Wheat rises to a three-year high, gold falls

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Jan 28, 2026Wheat Futures Jump to 8-Week High+0.6%
• May 28, 2019Corn futures hit three-year high after rains prolong planting delays+10.7%
• Apr 26, 2021Corn futures jump to a 7-year high on supply concerns+3.3%
• Apr 29, 2024Wheat Futures Erasing Early-year Losses-1.8%
• Feb 19, 2019Australian wheat crop falls to an 11-year low | SA-3.8%

After 322 past bullish weather events, Wheat (HRW) moved a median -0.1% over 5 sessions (49% higher; middle half -2.5% to +3.2%), and +1.0% over 20.

• Jan 28, 2026Wheat Futures Jump to 8-Week High+0.4%
• Apr 29, 2024Wheat Futures Erasing Early-year Losses+2.1%
• Jun 29, 2017U.S. grains: Spring wheat sets three-year top on weather woes | Farmtario+15.0%
• Jun 22, 2026After drought and wildfires, wheat farmers in the Great Plains are in for a rough year | HPPR-5.1%
• Apr 22, 2024U.S. grains: Wheat futures rally as weather risks rattle markets - AgCanada+11.1%