Back to today’s briefing

Story perspectives

Wheat Prices Soar Amid Global Supply Disruptions

3/18/2025

39 5

Summary

Story summary

Wheat prices surged to a one-month high for the second consecutive session, driven by worries over global supply disruptions caused by severe weather in key exporting regions. Storms and bushfires in the US have exacerbated the situation, with forecasts indicating ongoing dry conditions in the Plains and southern areas, threatening crop yields.

1 of 1

Story summary

Wheat prices surged to a one-month high for the second consecutive session, driven by worries over global supply disruptions caused by severe weather in key exporting regions. Storms and bushfires in the US have exacerbated the situation, with forecasts indicating ongoing dry conditions in the Plains and southern areas, threatening crop yields.