US SRW wheat exports set to top HRW for first time after China haul

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.

• Sep 19, 2023US HRW wheat exports projected at record low | World Grain-2.8%
• Feb 23, 2017India's wheat imports to slow after March - AgriMoon+1.7%
• Aug 23, 2023US wheat exports expected to hit 52-year low | Agriculture Dive-3.4%
• Feb 5, 2025China has delayed or redirected 600,000 tons of wheat imports, sources say-0.3%
• Sep 21, 2026Drought and Global Competition Are Weighing on US Wheat Exports-2.8%

After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.

• May 28, 2021China's feed lots set to snap up wheat harvest for pigs, poultry-2.6%
• Feb 10, 2024Wheat exports down, China hungry for Australian barley-4.8%
• Mar 29, 2023Wheat jumps after Russia says Cargill to stop grain exports-10.7%
• Sep 22, 2022U.S. Weekly Export Sales to China Notable in Wheat, Meats - Pro Farmer-0.2%
• Oct 24, 2025EU Wheat ticks up as China is in focus+3.4%