The USDA's May WASDE projects record global wheat production of 777 million tonnes for 2019-20, 46 million tonnes above the previous year. Australia, the EU, Canada, Russia and Ukraine are all expected to harvest more.
Consumption is projected at a record 755 million tonnes, which is below production.
A production rebound that exceeds projected consumption points to rebuilt stocks and lower wheat prices from the depleted levels of 2018-19. Feed wheat becomes more competitive as supplies grow.
Tras 1006 eventos bajista de informe pasados, Trigo (SRW) se movió una mediana de +0,0 % en 5 sesiones (50% al alza; mitad central entre -1,6 % y +1,8 %), y +0,3 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.