# Global Ag News for July 26.24 - ADM Investor Services

> Scouts on a North Dakota crop tour projected hard red spring wheat yields at 54.5 bushels per acre, the highest on record since 1992. Fusarium head blight risk was noted, and U.S. wheat futures were near four-year lows.

- Date: 2024-07-26 · published 2024-07-26T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/13171-global-ag-news-for-july-26-24-adm-investor-services
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A record spring wheat crop adds supply and pressures wheat prices, while wheat's feed substitution pressures corn and barley values.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2018-12-18 | [News for wheat prices may not be all bad](https://feedsoft.ai/events/7509-news-for-wheat-prices-may-not-be-all-bad.md) | -3.7% | -5.1% |
| KWHEAT | 2018-11-12 | [Surprise lift in global supply \| The Land \| NSW](https://feedsoft.ai/events/61993-surprise-lift-in-global-supply-the-land-nsw.md) | -1.0% | -2.1% |
| KWHEAT | 2024-03-05 | [Global wheat market trends 2024 \| Stock Journal \| SA](https://feedsoft.ai/events/7302-global-wheat-market-trends-2024-stock-journal-sa.md) | +2.7% | -6.5% |
| KWHEAT | 2025-02-28 | [SovEcon: Russian and global grain market news – February 28, 2025 - The Sizov Report blog](https://feedsoft.ai/events/26075-sovecon-russian-and-global-grain-market-news-february-28-2025-the-sizov-report.md) | -3.5% | -0.9% |
| KWHEAT | 2019-10-14 | [USDA lifts global wheat stock estimates \| Farm Online \| ACT](https://feedsoft.ai/events/56500-usda-lifts-global-wheat-stock-estimates-farm-online-act.md) | +3.4% | +0.5% |
| WHEAT | 2024-08-02 | [Global Ag News for Aug 2.24 - ADM Investor Services](https://feedsoft.ai/events/28977-global-ag-news-for-aug-2-24-adm-investor-services.md) | +4.8% | -2.5% |
| WHEAT | 2024-09-30 | [SEP 30.24 USDA Quarterly Stocks Report - ADM Investor Services](https://feedsoft.ai/events/28251-sep-30-24-usda-quarterly-stocks-report-adm-investor-services.md) | +0.6% | -6.3% |
| WHEAT | 2026-02-10 | [USDA Report - Drop in US Corn Stocks \| Feb 10.26 - ADM Investor Services](https://feedsoft.ai/events/20548-usda-report-drop-in-us-corn-stocks-feb-10-26-adm-investor-services.md) | +1.9% | +6.3% |

## Sources

- admis.com: https://www.admis.com/global-ag-news-for-july-26-24/

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