# Wheat tightness to ease 14.12.2021 - UkrAgroConsult

> Global wheat ending stocks for 2021/22 are seen at 275.8 million tonnes, the lowest since 2016/17, with the ex-China stocks-to-use ratio at 21%. Global output was cut to about 775 million tonnes on poorer crops in Russia, Canada and the US. Prices are expected to trend lower through 2022/23 as plantings and yields recover.

- Date: 2021-12-14 · published 2021-12-14T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/43543-wheat-tightness-to-ease-14-12-2021-ukragroconsult
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tight 2021/22 supplies support current prices, but higher US plantings and global output growth in 2022/23 should pressure wheat prices lower over the coming year.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-12-10 | [Wheat tightness to ease \| articles \| ING THINK](https://feedsoft.ai/events/43541-wheat-tightness-to-ease-articles-ing-think.md) | -5.9% | -2.6% |
| WHEAT | 2021-09-08 | [Australia to harvest another bumper wheat crop 08.09.2021 - UkrAgroConsult](https://feedsoft.ai/events/45033-australia-to-harvest-another-bumper-wheat-crop-08-09-2021-ukragroconsult.md) | +2.2% | +5.0% |
| WHEAT | 2021-11-30 | [ABARES lifts forecasts for wheat, barley, canola 30.11.2021 - UkrAgroConsult](https://feedsoft.ai/events/44016-abares-lifts-forecasts-for-wheat-barley-canola-30-11-2021-ukragroconsult.md) | -1.0% | -3.4% |
| WHEAT | 2021-06-11 | [Strategie Grains raises EU 2021/22 wheat crop, export forecasts - UkrAgroConsult](https://feedsoft.ai/events/46522-strategie-grains-raises-eu-2021-22-wheat-crop-export-forecasts-ukragroconsult.md) | +5.0% | -5.4% |
| WHEAT | 2022-01-28 | [EU cuts 2021/22 wheat crop forecast, keeps export outlook 28.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/43077-eu-cuts-2021-22-wheat-crop-forecast-keeps-export-outlook-28-01-2022.md) | -1.8% | +2.3% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/wheat-tightness-to-ease/

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