# Wheat Market Outlook – May 13th, 2019 | Sask Wheat

> The Sask Wheat weekly outlook for May 13, 2019 summarizes world wheat fundamentals using AMIS balance sheets. It forecasts 2019 world wheat production to rebound about 5% from a reduced 2018 level, mainly from Australia, the EU and Russia, with utilization rising 1.3% in 2019/20.

- Date: 2019-05-13 · published 2019-05-13T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/12092-wheat-market-outlook-may-13th-2019-sask-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A production rebound with only modest demand growth points to a looser world wheat balance, which is mildly bearish for prices. The outlook supports the view that supply is recovering from the prior year's shortfall.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-05-08 | [Wheat Market Outlook – May 8th, 2023 \| Sask Wheat](https://feedsoft.ai/events/35989-wheat-market-outlook-may-8th-2023-sask-wheat.md) | -2.1% | -5.3% |
| WHEAT | 2019-04-01 | [Wheat Market Outlook – April 1st, 2019 \| Sask Wheat](https://feedsoft.ai/events/59644-wheat-market-outlook-april-1st-2019-sask-wheat.md) | -5.3% | -8.2% |
| WHEAT | 2025-03-17 | [Wheat Market Outlook – March 17, 2025 \| Sask Wheat](https://feedsoft.ai/events/5623-wheat-market-outlook-march-17-2025-sask-wheat.md) | +5.3% | +2.5% |
| WHEAT | 2019-09-30 | [Wheat Market Outlook – September 30th, 2019 \| Sask Wheat](https://feedsoft.ai/events/57115-wheat-market-outlook-september-30th-2019-sask-wheat.md) | +0.6% | -1.3% |
| WHEAT | 2020-06-15 | [Wheat Market Outlook – June 15th, 2020 \| Sask Wheat](https://feedsoft.ai/events/52650-wheat-market-outlook-june-15th-2020-sask-wheat.md) | -1.5% | -5.3% |

## Sources

- saskwheat.ca: https://saskwheat.ca/wheat-market-outlook/2019-05-13/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.