U.S. wheat futures rose more than one per cent on Wednesday as signs of a hardening conflict between Ukraine and Russia and worries about dryness in China appeared to spark a round of short-covering, analysts said.
winter-wheat
U.S. grains: Wheat prices climb amid Ukraine-Russia unrest
China's dry weather may impact wheat harvests
CBOT Weekly: Crop conditions raise spring wheat prices
Other crop prices firmer, stronger
Spring wheat prices rose, while other prices were firmer or higher during the week ended June 4, 2025.
Spring planting in Manitoba close to finished
Province gets very little rain over the week
Dry conditions continued to spur quick seeding progress in Manitoba, as the provincial agriculture department reported spring planting reached 95 per cent complete as of June 3.
U.S. grains: Soybeans buoyed by higher crude oil; wheat sags
Chicago | Reuters — U.S. soybean futures rose on Tuesday, rallying from a seven-week low struck a day earlier, as strong crude oil prices lifted soyoil futures and traders weighed expectations that the leaders of United States and top global soy buyer China will speak this week. Corn futures bounced after dipping to multi-month lows
Prairie Wheat Weekly: Weather lifts Western Canadian prices
Dryness lends support to wheat prices
Dry conditions on both sides of the Canada/U.S. border helped lift Western Canadian wheat prices for the week ended May 29, 2025.