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Wheat fell Thursday as SRW closed lower on wet forecasts of 1 to 3 inches of rain across SRW country, while HRW held up near flat. USDA export sales for the week of March 20 were 100,325 MT, and the EU Commission estimated 2025/26 soft wheat output at 126.5 MMT, well above last year.
Heavy rain forecasts and a large EU crop outlook add bearish pressure to wheat, though dry HRW areas provide some support.
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.