Australia, Argentina wheat harvest have high potential to impact U.S. wheat prices

After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.

• Aug 5, 2024Australia: China missed as wheat harvest nears: AGIC+4.7%
• Oct 24, 2020East coast wheat harvest signals an end to Western Australian grain imports - ABC News-0.9%
• Aug 20, 2019‘You Have To Remain An Optimist.’ Northwest Farmers Wrap Wheat Harvest As Prices Depress | Northwest News Network+2.0%
• Jan 11, 2018Dust settles on the wheat harvest, focus switches to demand - Grain Central-0.4%
• Jul 4, 2019Australian Agriculture Sector Likely To Get Impacted From The U.S-China Trade Truce-1.2%

After 82 past bearish trade events, Wheat (HRW) moved a median -0.3% over 5 sessions (48% higher; middle half -2.8% to +1.9%), and +0.1% over 20.

• Dec 5, 2019After a speculative jump in wheat prices continue to decline-2.3%
• Nov 1, 2018How long can Russia undercut U.S. wheat prices?+1.8%
• May 27, 2025Weak Chinese demand leaves Australia with too much wheat | Reuters+0.2%
• Sep 25, 2023Terrain | Cheap Russian Wheat Puts Lid on U.S. Wheat Prices-6.7%
• Dec 2, 2022Wheat wilts in the face of harvest selling pressure | Stock Journal | SA-4.7%