After a speculative jump in wheat prices continue to decline

After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.

• Nov 9, 2022Wheat prices continue to fall amid USDA report and cancellation of tender in Egypt+1.1%
• Feb 26, 2021Fundamental factors stopped speculative price increases for wheat+1.2%
• Feb 23, 2019Wheat Markets Continue to Sell Off-3.6%
• Sep 2, 2024Spain: The fall in cereal prices at the León market continues, conditioned by the world market+3.6%
• May 4, 2026India resumes wheat exports after four years but high prices likely to limit demand - The Economic Times-2.7%

After 82 past bearish trade events, Wheat (HRW) moved a median -0.3% over 5 sessions (48% higher; middle half -2.8% to +1.9%), and +0.1% over 20.

• Nov 9, 2022Wheat prices continue to fall amid USDA report and cancellation of tender in Egypt+1.8%
• Feb 26, 2021Fundamental factors stopped speculative price increases for wheat-4.9%
• Apr 18, 2019Good Quality, Competitive Prices Spark U.S. Winter Wheat Demand - U.S. Wheat Associates-3.9%
• Aug 21, 2024Australia, Argentina wheat harvest have high potential to impact U.S. wheat prices-1.3%
• Feb 23, 2017India's wheat imports to slow after March - AgriMoon+1.7%