Jekanowski: Wheat Prices Returning To Pre-Ukraine Invasion Levels

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.

• Jul 29, 2024Wheat prices in the US fell to the lowest level since 2020-4.2%
• Jan 30, 2023Wheat: Too Many Upward Price Pressure | Investing.com+3.4%
• Aug 9, 2020Wheat prices to remain range-bound - The HinduBusinessLine-1.0%
• Oct 8, 2019The increase in wheat prices reduces demand+4.5%
• Aug 30, 2018Wheat Prices Rising On Global Supply Issues+4.7%

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.

• Jul 29, 2024Wheat prices in the US fell to the lowest level since 2020+2.6%
• Jan 30, 2023Wheat: Too Many Upward Price Pressure | Investing.com+0.4%
• Nov 11, 2025Surging wheat output weighing on prices | World Grain+0.3%
• Apr 20, 2017Record wheat stocks mean lower prices-1.1%
• Sep 30, 2025Wheat Falling as USDA Raises Production-2.5%