# Wheat Market Outlook – June 7th, 2021 | Sask Wheat

> The Sask Wheat weekly outlook for June 7, 2021 reports that AMIS raised its June global wheat production forecast for 2021 month on month on better crop prospects. The report also includes Saskatchewan bids, spreads and FOB port prices.

- Date: 2021-06-07 · published 2021-06-07T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/46642-wheat-market-outlook-june-7th-2021-sask-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A higher global production forecast eases supply concerns and adds modest downward pressure on wheat prices. The change is small and was later overtaken by weather-driven gains.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-06-29 | [Wheat Market Outlook – June 29th, 2020 \| Sask Wheat](https://feedsoft.ai/events/52643-wheat-market-outlook-june-29th-2020-sask-wheat.md) | -6.5% | -4.5% |
| WHEAT | 2020-06-15 | [Wheat Market Outlook – June 15th, 2020 \| Sask Wheat](https://feedsoft.ai/events/52650-wheat-market-outlook-june-15th-2020-sask-wheat.md) | -1.5% | -5.3% |
| WHEAT | 2025-06-30 | [Wheat Market Outlook – June 30, 2025 \| Sask Wheat](https://feedsoft.ai/events/24270-wheat-market-outlook-june-30-2025-sask-wheat.md) | -0.7% | -1.8% |
| WHEAT | 2024-07-15 | [Wheat Market Outlook – July 15, 2024 \| Sask Wheat](https://feedsoft.ai/events/9370-wheat-market-outlook-july-15-2024-sask-wheat.md) | -3.2% | -2.3% |
| WHEAT | 2023-05-08 | [Wheat Market Outlook – May 8th, 2023 \| Sask Wheat](https://feedsoft.ai/events/35989-wheat-market-outlook-may-8th-2023-sask-wheat.md) | -2.1% | -5.3% |

## Sources

- saskwheat.ca: https://saskwheat.ca/wheat-market-outlook/2021-06-07/

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