# Headlines Keep the Global Wheat Market Bouncing

> USDA data show the global wheat balance for 2022/23 down 10 million tonnes from 2021/22, with beginning stocks the lowest since 2017/18. US production is up nearly 4 million tonnes to 48.5 million, while HRW output is estimated down 21%. Reductions in the EU, Argentina and Ukraine keep prices firm.

- Date: 2022-09-29 · published 2022-09-29T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/39633-headlines-keep-the-global-wheat-market-bouncing
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tightening global wheat stocks and lower HRW and EU output support prices and raise import demand for feed wheat substitutes.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2018-01-25 | [Global Supplies of High Protein Wheat Keep Tightening - U.S. Wheat Associates](https://feedsoft.ai/events/67019-global-supplies-of-high-protein-wheat-keep-tightening-u-s-wheat-associates.md) | +7.9% | +8.7% |
| KWHEAT | 2020-07-24 | [Global wheat surplus shrunk by IGC: Grain Market Daily \| AHDB](https://feedsoft.ai/events/52147-global-wheat-surplus-shrunk-by-igc-grain-market-daily-ahdb.md) | -0.3% | +0.1% |
| KWHEAT | 2020-07-14 | [Global wheat production on the decline - Grain Central](https://feedsoft.ai/events/52052-global-wheat-production-on-the-decline-grain-central.md) | -1.2% | -6.0% |
| KWHEAT | 2024-06-12 | [Tighter Black Sea wheat supplies disrupt global export market \| Feed & Grain](https://feedsoft.ai/events/14292-tighter-black-sea-wheat-supplies-disrupt-global-export-market-feed-and-grain.md) | -8.3% | -9.7% |
| KWHEAT | 2023-02-02 | [AMIS Releases Troubling Global Wheat Forecast](https://feedsoft.ai/events/37373-amis-releases-troubling-global-wheat-forecast.md) | +1.3% | -5.9% |
| WHEAT | 2018-01-25 | [Global Supplies of High Protein Wheat Keep Tightening - U.S. Wheat Associates](https://feedsoft.ai/events/67019-global-supplies-of-high-protein-wheat-keep-tightening-u-s-wheat-associates.md) | +0.7% | +2.2% |
| WHEAT | 2020-07-24 | [Global wheat surplus shrunk by IGC: Grain Market Daily \| AHDB](https://feedsoft.ai/events/52147-global-wheat-surplus-shrunk-by-igc-grain-market-daily-ahdb.md) | +0.7% | -1.5% |
| WHEAT | 2018-07-17 | [Global wheat crop set to tumble  \| The Land \| NSW](https://feedsoft.ai/events/63985-global-wheat-crop-set-to-tumble-the-land-nsw.md) | +2.9% | +2.4% |

## Sources

- uswheat.org: https://uswheat.org/wheatletter/headlines-keep-the-global-wheat-market-bouncing/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.