Forecasts of a good wheat harvest in the US and the EU continue to lower stock prices

After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% over 20.

• Aug 30, 2023Despite the decrease in the forecast for the harvest in Canada, wheat prices fell by 1.3-3.3%+0.2%
• May 28, 2023Wheat harvests in Europe keep global food costs under control | The National-1.4%
• Aug 27, 2025Analysts lift Australia's wheat harvest forecast on improved crop conditions — TradingView News+0.1%
• Oct 29, 2026Mid North harvest: growers eye top yields as grain prices fall | Stock Journal | SA-0.4%
• May 31, 2020Growers in most states welcome wet winter weather forecast for crops | The Land | NSW-1.2%

After 70 past bearish weather events, Wheat (HRW) moved a median -0.6% over 5 sessions (41% higher; middle half -3.9% to +2.5%), and -1.1% over 20.

• Aug 30, 2023Despite the decrease in the forecast for the harvest in Canada, wheat prices fell by 1.3-3.3%+4.5%
• Nov 16, 2023Winter wheat crop gets off to good start in U.S. | The Western Producer-3.9%
• Mar 25, 2025Wheat prices fall amid increased rainfall in the US, Ukraine and Russia, which increases pressure on prices in Ukraine-3.6%
• Jan 11, 2017U.S. grains: Wheat hits one-week low on Plains forecasts | Farmtario+3.2%
• Nov 13, 2020Australian harvest puts pressure on wheat prices | Farm Weekly | WA+0.9%