# Wheat price outlook remains relatively strong | 620 CKRM - The Voice of Saskatchewan | Harvard Media

> A SaskWheat outlook reports that the spread between Chicago wheat and Minneapolis spring wheat has moved from minus 11 cents in January to plus 1 cent in mid-June, signalling demand for high-protein wheat. Canadian wheat carryout is forecast at 4 million tonnes, the third lowest on record. Wheat exports are 17% above last year's pace.

- Date: 2021-06-25 · published 2021-06-25T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/46639-wheat-price-outlook-remains-relatively-strong-620-ckrm-the-voice-of
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tight Canadian carryout and strong export pace support wheat prices, especially for high-protein classes. Reduced spring wheat seeding in North America adds to the supportive backdrop.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-07-27 | [Wheat Market Outlook – July 27th, 2020 \| Sask Wheat](https://feedsoft.ai/events/52148-wheat-market-outlook-july-27th-2020-sask-wheat.md) | +0.4% | -1.6% |
| WHEAT | 2021-08-19 | [Global Wheat Stocks-to-Use Ratio Supports Bullish Prices Outlook](https://feedsoft.ai/events/45611-global-wheat-stocks-to-use-ratio-supports-bullish-prices-outlook.md) | +0.4% | +4.9% |
| WHEAT | 2024-04-29 | [Wheat Market Outlook – April 29, 2024 \| Sask Wheat](https://feedsoft.ai/events/30780-wheat-market-outlook-april-29-2024-sask-wheat.md) | -1.8% | +21.1% |
| WHEAT | 2019-07-29 | [Wheat Market Outlook – July 29th, 2019 \| Sask Wheat](https://feedsoft.ai/events/58135-wheat-market-outlook-july-29th-2019-sask-wheat.md) | +0.7% | -1.2% |
| WHEAT | 2017-03-27 | [Wheat Market Outlook – March 27th, 2017 \| Sask Wheat](https://feedsoft.ai/events/72045-wheat-market-outlook-march-27th-2017-sask-wheat.md) | +2.4% | +3.1% |

## Sources

- 620ckrm.com: https://www.620ckrm.com/2021/06/25/wheat-price-outlook-remains-relatively-strong/

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