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USDA's January WASDE raised 2025/26 global wheat supplies by 4.3 million tonnes to 1,102.2 million, driven by a 50% jump in Argentine wheat output and a higher Russian forecast. London feed wheat fell to a new contract low of £167.70 with Paris rapeseed volatile on Iran tensions.
Ample global wheat supply is capping European feed and milling prices, while crude-linked support is limited for oilseeds.
wearehectare.comMatthew TurnerJan 16, 2026After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
