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Fitch Solutions cut its wheat price forecast from 585 to 568 USc/bu. The revision reflects expected large harvests in major producing regions, including Europe and Russia.
The US 2025/26 crop is smaller than last year, but analysts had already anticipated that.
A lower price forecast signals that abundant global supply will cap wheat prices through the 2025/26 season. Buyers can expect feed wheat to stay competitively priced.
fitchsolutions.comJun 25, 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.
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.
