CBOT wheat closes higher on USDA acreage data

After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

• Sep 30, 2020Wheat closes over 5% higher after USDA report+2.5%
• Mar 31, 2025Wheat Pops Higher on Lower Acreage-1.5%
• May 10, 2017USDA: 2017 wheat crop seen down 9% on fewer acres, storm-2.4%
• Jun 30, 2026Wheat Rallies on Bull Friendly USDA Report Data+0.2%
• Oct 1, 2021USDA Stocks Report: Don’t sleep on wheat usage+5.1%

After 180 past bullish report events, Wheat (HRW) moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.7%), and -0.6% over 20.

• Mar 31, 2025Wheat Pops Higher on Lower Acreage+1.0%
• May 10, 2017USDA: 2017 wheat crop seen down 9% on fewer acres, storm-0.6%
• Jun 30, 2026Wheat Rallies on Bull Friendly USDA Report Data+6.6%
• Oct 1, 2021USDA Stocks Report: Don’t sleep on wheat usage+1.3%
• Feb 17, 2017Wheat's merit debated as acreage falls | HPPR-0.9%