# Checking the 2021/22 Global Wheat Crop Ahead of August WASDE Report

> U.S. Wheat Associates reports that hot, dry weather in the northern U.S. and Canada has cut spring wheat and durum prospects, while HRW and SRW yields are expected higher. USDA's July world wheat estimate was 792.4 million tonnes, and the IGC's was 788 million tonnes, both still record levels.

- Date: 2021-08-05 · published 2021-08-05T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/45510-checking-the-2021-22-global-wheat-crop-ahead-of-august-wasde-report
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Drought losses in the northern Plains and Canada tighten spring wheat and durum supplies, supporting prices ahead of USDA's August report. Higher HRW and SRW output partly offsets this, limiting the net gain.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2016-08-12 | [Grain market update: prices fluctuate ahead of WASDE report - 12 August 2016 Premium](https://feedsoft.ai/events/9953-grain-market-update-prices-fluctuate-ahead-of-wasde-report-12-august-2016.md) | -0.0% | -2.2% |
| WHEAT | 2021-10-15 | [Climate impacts global wheat production in the 2021/22 harvest - Revista Cultivar](https://feedsoft.ai/events/44485-climate-impacts-global-wheat-production-in-the-2021-22-harvest-revista-cultivar.md) | +1.0% | +9.3% |
| WHEAT | 2021-05-13 | [A"maize"ing global support for wheat prices \| The Land \| NSW](https://feedsoft.ai/events/47137-a-maize-ing-global-support-for-wheat-prices-the-land-nsw.md) | -1.8% | -4.6% |
| WHEAT | 2023-12-15 | [European wheat crop already on the ropes](https://feedsoft.ai/events/32654-european-wheat-crop-already-on-the-ropes.md) | +2.0% | +3.1% |
| WHEAT | 2022-08-30 | [Arable Market Report - 30 August 2022 \| AHDB](https://feedsoft.ai/events/40115-arable-market-report-30-august-2022-ahdb.md) | -2.3% | +2.6% |
| KWHEAT | 2024-03-06 | [Setting the Stage for the 2024/25 World Wheat Crop - U.S. Wheat Associates](https://feedsoft.ai/events/31124-setting-the-stage-for-the-2024-25-world-wheat-crop-u-s-wheat-associates.md) | +5.4% | -1.9% |
| KWHEAT | 2021-09-20 | [2021 Winter Wheat Harvest a Mixed Bag](https://feedsoft.ai/events/45095-2021-winter-wheat-harvest-a-mixed-bag.md) | +0.9% | +4.3% |
| KWHEAT | 2026-01-23 | [Global wheat market faces steep competition amid ample supply](https://feedsoft.ai/events/21100-global-wheat-market-faces-steep-competition-amid-ample-supply.md) | +4.0% | +8.8% |

## Sources

- uswheat.org: https://uswheat.org/wheatletter/checking-the-2021-22-global-wheat-crop-ahead-of-august-wasde-report/

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