# Wheat Rebounds on Renewed Supply Risks

> Wheat futures rebounded toward $5.75 per bushel as Middle East logistics disruptions and deteriorating US winter wheat conditions offset pressure from a record South American harvest. USDA reported a 22% monthly drop in winter wheat condition ratings amid southern Plains drought.

- Date: 2026-03-05 · published 2026-03-05T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/9851-wheat-rebounds-on-renewed-supply-risks
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Projected 20% decline in Russian exports and drought-hit US crops tighten wheat supply, supporting prices. Higher diesel and urea costs also raise production expenses for producers.

## Read by commodity

- UREA: bullish ▲
- WHEAT: bullish ▲
- DIESEL: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-09-05 | [Wheat Rebounds On Supply Woes, Corn At Two-Week High \| ESM Magazine](https://feedsoft.ai/events/6997-wheat-rebounds-on-supply-woes-corn-at-two-week-high-esm-magazine.md) | +0.2% | -3.9% |
| WHEAT | 2023-10-09 | [Wheat rises as dry weather fans fears of tighter supply](https://feedsoft.ai/events/33576-wheat-rises-as-dry-weather-fans-fears-of-tighter-supply.md) | +5.3% | +5.3% |
| WHEAT | 2022-04-13 | [U.S. Hard Red Winter Wheat in Drought Adds Supply Concerns](https://feedsoft.ai/events/41905-u-s-hard-red-winter-wheat-in-drought-adds-supply-concerns.md) | -0.5% | +6.1% |
| WHEAT | 2017-07-03 | [Wheat and oat futures soar amid supply worries](https://feedsoft.ai/events/6175-wheat-and-oat-futures-soar-amid-supply-worries.md) | -0.1% | +1.9% |
| WHEAT | 2024-04-26 | [Wheat poised for biggest weekly rise in 2 years on supply fears - Markets - Business Recorder](https://feedsoft.ai/events/12142-wheat-poised-for-biggest-weekly-rise-in-2-years-on-supply-fears-markets.md) | -2.3% | +21.2% |
| KWHEAT | 2022-04-13 | [U.S. Hard Red Winter Wheat in Drought Adds Supply Concerns](https://feedsoft.ai/events/41905-u-s-hard-red-winter-wheat-in-drought-adds-supply-concerns.md) | +0.1% | +2.1% |
| KWHEAT | 2021-11-22 | [Wheat soars to 9-year peak on supply concerns, strong demand \| Reuters](https://feedsoft.ai/events/44080-wheat-soars-to-9-year-peak-on-supply-concerns-strong-demand-reuters.md) | +2.3% | -2.6% |
| KWHEAT | 2024-09-23 | [Wheat Extends Gains on Tight Supply Outlook Due to Poor Weather - Bloomberg](https://feedsoft.ai/events/5604-wheat-extends-gains-on-tight-supply-outlook-due-to-poor-weather-bloomberg.md) | +2.3% | +3.0% |

## Sources

- tradingeconomics.com: https://tradingeconomics.com/commodity/wheat/news/531045

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