Wheat Rises on US Crop Concerns Ahead of WASDE in Commodity News 10/03/2026 Wheat futures climbed toward $6.22 per bushel on Monday as deteriorating U.S. crop conditions and global supply concerns outweighed pressure from abundant harvests elsewhere. The USDA reported winter wheat ratings fell 22% mom amid limited snow cover and expanding drought across the southern Plains, raising yield risks. Support also came from expectations that Russia’s exports in 2025/26 could decline due to adverse weather and logistical challenges in the Black Sea. Meanwhile, escalating Middle East tensions have lifted energy and fertilizer costs and heightened shipping risks, adding to production and transport concerns across global grain markets. Urea prices recently rose 4.8%. Still, gains may be capped by a firm U.S. dollar and ample supplies following strong South American harvests. Traders now await the March WASDE report on Tuesday for updated projections on global supply and ending stocks. Source: Trading Economics 2026-03-10 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share