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The IGC's June report raised global new-crop wheat production by 2.3 million mt, led by the EU and India, to 807.9 million mt. Global cash wheat prices fell sharply in most origins as Middle East tensions eased and Northern Hemisphere harvest pressure grew.
CBOT and KC September futures closed lower on the week.
Higher production forecasts and harvest selling point to lower wheat prices and ample feed-grain supply for buyers. Stocks are still tightening slightly, which limits how far prices can fall.
saskwheat.caJun 30, 2025After 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.
After 138 past bearish report events, Wheat (HRW) moved a median +0.0% over 5 sessions (50% higher; middle half -2.9% to +2.4%), 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.
