
Chicago wheat futures surged on Monday as wind storms and tornadoes in the US Midwest and Plains raised concerns about crop damage. Traders also cited expected reduced Russian wheat exports and a weaker dollar, with the most active wheat contract settling up 11.5 cents at $5.68.5 a bushel.
Soybeans ticked down on lower-than-expected NOPA crush numbers while corn edged higher.
Possible wind damage to US winter wheat and tighter Russian export supply support wheat prices and could draw export demand toward US supplies. A weaker dollar makes US grain cheaper abroad, supporting the broader feed grain complex.
Setelah 1.072 peristiwa cuaca bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,3%), dan +0,3% selama 20 sesi.
Setelah 322 peristiwa cuaca bullish sebelumnya, Gandum (HRW) bergerak median -0,1% selama 5 sesi (49% lebih tinggi; separuh tengah -2,5% sampai +3,2%), dan +1,0% selama 20 sesi.
Setelah 1.465 peristiwa cuaca bullish sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,9% selama 20 sesi.
Setelah 363 peristiwa cuaca bearish sebelumnya, Kedelai bergerak median -0,6% selama 5 sesi (42% lebih tinggi; separuh tengah -2,5% sampai +1,1%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Directly describes the 2025-03-17 Chicago wheat surge on wind storm/tornado crop damage fears, reduced Russian exports and a weaker dollar, matching the move's timing and size.
Wheat surged on Monday 3/17 (the move date) on wind and tornado crop-damage fears, reduced Russian export expectations and a weaker dollar, which directly explain the large one-day gain.
The March 17 wheat surge on wind and crop-damage fears, a weaker dollar and lower Russian exports pulled corn higher through grain-complex spillover.