# Worries about wheat | World Grain

> The International Grains Council conference heard that the 2022-23 world wheat production outlook has deteriorated sharply, with the market very sensitive to news ahead of the Northern Hemisphere harvest. Export prices had reached records earlier in 2022 and were just below 2008 crisis levels, and the IGC flagged shortage and unrest fears in vulnerable countries.

- Date: 2022-06-29 · published 2022-06-29T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/40983-worries-about-wheat-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A weaker production outlook and high sensitivity to news support wheat prices and raise import costs for feed-grain buyers, especially in vulnerable markets.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-11-12 | [Grain market review: Wheat \| 2018-11-12  \| World Grain](https://feedsoft.ai/events/62073-grain-market-review-wheat-2018-11-12-world-grain.md) | -0.2% | +0.8% |
| WHEAT | 2023-05-01 | [Australian wheat output projected to decline \| World Grain](https://feedsoft.ai/events/35902-australian-wheat-output-projected-to-decline-world-grain.md) | +1.9% | -2.2% |
| WHEAT | 2020-02-18 | [Australia wheat output revised lower \| 2020-02-18  \| World Grain](https://feedsoft.ai/events/54572-australia-wheat-output-revised-lower-2020-02-18-world-grain.md) | -0.9% | -0.1% |
| WHEAT | 2021-12-13 | [Coceral sees smaller EU wheat crop in 2022 \| World Grain](https://feedsoft.ai/events/43539-coceral-sees-smaller-eu-wheat-crop-in-2022-world-grain.md) | -6.0% | +1.3% |
| WHEAT | 2022-07-12 | [France projects lower wheat production \| World Grain](https://feedsoft.ai/events/40421-france-projects-lower-wheat-production-world-grain.md) | +7.2% | +7.0% |
| CORN | 2018-11-12 | [Grain market review: Wheat \| 2018-11-12  \| World Grain](https://feedsoft.ai/events/62073-grain-market-review-wheat-2018-11-12-world-grain.md) | -6.7% | +0.1% |
| CORN | 2024-10-24 | [Global grain trade review \| World Grain](https://feedsoft.ai/events/14260-global-grain-trade-review-world-grain.md) | -1.3% | +1.0% |
| CORN | 2026-07-16 | [IGC sees grains output falling in 2026-27 \| World Grain](https://feedsoft.ai/events/9570-igc-sees-grains-output-falling-in-2026-27-world-grain.md) | +3.7% | -0.9% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/17105-worries-about-wheat

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