Hard Red Winter Wheat production lowest since 1957

After 180 past bullish report events, Wheat (HRW) moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.7%), and -0.6% over 20.

• May 12, 2026Lowest Hard Red Winter Wheat Production Since 1957 Highlighted in Latest WASDE Report - Oklahoma Farm Report+4.5%
• Jan 10, 2025Annual Crop Production Summary & Winter Wheat Seeding Reports Published by USDA - Oklahoma Farm Report-0.4%
• May 19, 2026USDA May Reports Jolt Winter Wheat Markets Amid Production Deficits and Volatility - Oklahoma Farm Report-3.9%
• May 12, 2023Lower-Than-Expected Winter Wheat Production Sends KC Wheat Futures Soaring-3.9%
• Sep 19, 2024Price Perspectives: A Bounce from Four-Year Lows - Oklahoma Farm Report+0.4%

After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

• May 12, 2026Lowest Hard Red Winter Wheat Production Since 1957 Highlighted in Latest WASDE Report - Oklahoma Farm Report+2.0%
• Jun 28, 2024WMR-U.S. Hard Red Winter Production Recovers in 2024-2.2%
• Jun 13, 2018Wheat Prices Rally on Lower U.S. Winter Wheat Production Estimate - Northern Ag Network-2.0%
• May 12, 2023Lower-Than-Expected Winter Wheat Production Sends KC Wheat Futures Soaring-1.1%
• Sep 19, 2024Price Perspectives: A Bounce from Four-Year Lows - Oklahoma Farm Report+11.4%