Wheat prices fell by 2.5-4.7% against the background of the acceleration of sowing in the USA and an increase in crop forecasts in the EU and the Russia

After 138 past bearish report events, Wheat (HRW) moved a median +0.0% over 5 sessions (50% higher; middle half -2.9% to +2.4%), and +0.5% over 20.

• Jun 29, 2023Wheat prices fell again by 2.2-4.8% on the background of increased acreage in Canada+5.3%
• Nov 26, 2024Improved crop condition in the US and accelerated harvest in Australia and Argentina increase pressure on wheat prices-4.0%
• Dec 19, 2023Increasing forecasts of wheat harvest and exports from Canada lowers quotations in the US+2.4%
• Aug 13, 2024Despite lower production and inventory forecasts in the USDA report, wheat exchange prices fell-1.4%
• Mar 18, 2021The higher forecast production in the new season lowers the price of wheat old crop-4.1%

After 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.

• Jun 29, 2023Wheat prices fell again by 2.2-4.8% on the background of increased acreage in Canada-8.3%
• Jun 22, 2022Accelerating harvesting in the United States and raising harvest forecasts for Russia are lowering wheat prices 22.06.2022 - UkrAgroConsult+1.8%
• Nov 26, 2024Improved crop condition in the US and accelerated harvest in Australia and Argentina increase pressure on wheat prices-0.1%
• Mar 17, 2017Strategie Grains Increased Its Forecast On Wheat And Barley Yields In The EU, But Decreased Its Corn Forecast-2.9%
• Dec 19, 2023Increasing forecasts of wheat harvest and exports from Canada lowers quotations in the US+0.4%