# USDA slashes global wheat production - Grain Central

> The August WASDE report made large cuts to wheat production estimates across several major exporting nations, catching the trade by surprise. CBOT December wheat settled at its highest continuous-chart close since February 2013, and Euronext December wheat set contract highs.

- Date: 2021-08-17 · published 2021-08-17T12:00:00.000Z
- Category: report · region Global · magnitude high
- Page: https://feedsoft.ai/events/45538-usda-slashes-global-wheat-production-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Lower production in key exporters tightens global wheat supply and lifts export prices, especially Black Sea values. The move signals sustained support for wheat and feed grain alternatives.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-07-14 | [Global wheat production on the decline - Grain Central](https://feedsoft.ai/events/52052-global-wheat-production-on-the-decline-grain-central.md) | +0.4% | -1.8% |
| WHEAT | 2020-07-13 | [Global wheat prices soften in June: USDA - Grain Central](https://feedsoft.ai/events/52172-global-wheat-prices-soften-in-june-usda-grain-central.md) | -0.4% | -1.3% |
| WHEAT | 2024-10-14 | [USDA adjusts global grain production forecasts \| Feed & Grain](https://feedsoft.ai/events/27918-usda-adjusts-global-grain-production-forecasts-feed-and-grain.md) | -0.9% | -1.4% |
| WHEAT | 2023-05-15 | [USDA sees 26pc drop in Australia's new-crop wheat - Grain Central](https://feedsoft.ai/events/35906-usda-sees-26pc-drop-in-australia-s-new-crop-wheat-grain-central.md) | -1.6% | -7.1% |
| WHEAT | 2020-04-14 | [COVID-19 lifts prices despite big wheat stocks: USDA - Grain Central](https://feedsoft.ai/events/53684-covid-19-lifts-prices-despite-big-wheat-stocks-usda-grain-central.md) | -2.1% | -2.2% |
| KWHEAT | 2020-07-14 | [Global wheat production on the decline - Grain Central](https://feedsoft.ai/events/52052-global-wheat-production-on-the-decline-grain-central.md) | -1.2% | -6.0% |
| KWHEAT | 2024-10-14 | [USDA adjusts global grain production forecasts \| Feed & Grain](https://feedsoft.ai/events/27918-usda-adjusts-global-grain-production-forecasts-feed-and-grain.md) | -3.9% | -6.7% |
| KWHEAT | 2020-04-14 | [COVID-19 lifts prices despite big wheat stocks: USDA - Grain Central](https://feedsoft.ai/events/53684-covid-19-lifts-prices-despite-big-wheat-stocks-usda-grain-central.md) | +0.3% | +0.4% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/usda-slashes-global-wheat-production/

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