
Tridge's weekly wheat update reports Argentina's 2025 wheat planting expanded to 6.8 million hectares, Brazil's early harvest in Paraná fell 26% year over year, and Canada's 2025 output is projected at 35.5 million tons, down 1.1%. It also notes France expects 33.4 million tons, Hungary maintains its ban on Ukrainian wheat and corn, and Egypt set 2025/26 domestic wheat supply prices.
A mix of larger Argentine plantings and a smaller Canadian crop leaves global wheat supply broadly ample, with Hungary's import ban limiting Ukrainian flows into the EU.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
After 40 past neutral report events, Wheat (HRW) moved a median -0.9% over 5 sessions (38% higher; middle half -3.1% to +1.6%), and -0.5% over 20.
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.