An Increase in Wheat Feeding to Hogs in China, as China’s First-Quarter Pork Production Rose

After 769 past bullish report events, WHEAT moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

• Nov 10, 2021WASDE Reveals Record Wheat Trade, as China Wheat Imports Soared Over the Past Year - Farm Policy News+1.2%
• Oct 28, 20182018 harvest shows significant falls in production of wheat and barley - FarmingUK News+0.2%
• Mar 3, 2023Global cereal stocks falling in 2022/23; early prospects point to a decline in wheat production in 2023 – FAO-2.6%
• Mar 29, 2024EU sees soft wheat production falling to four-year low in 2024/25-1.3%
• Apr 21, 2017Seeding Intentions: canola and soybeans increase | The Western Producer+2.1%

After 1,102 past bearish report events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.

• Oct 1, 2023Grain Prices “Steep Dive” Following Production, Stocks Reports | Farm Policy News | Illinois+2.7%
• Aug 29, 2021USDA Forecasts Record Farm Exports in FY 2021 and FY 2022 | Farm Policy News | Illinois-6.1%
• Sep 22, 2017Pork imports slow in China as domestic pork production rebounds+0.2%
• Feb 8, 2019Soybean Production Up in 2018, USDA Reports Winter Wheat Seedings and Grain Stocks also reported+0.8%
• Nov 9, 2016Farming News - WASDE latest global stocks of wheat and oilseed increase-6.6%