# Outlook Dims for Global Spring Wheat Production

> Gro Intelligence expects global spring wheat supplies to be curtailed in 2021 because planted acreage is forecast to fall in Canada, Russia and the United States. These three countries typically produce 55-63 million tonnes annually.

- Date: 2021-03-29 · published 2021-03-29T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/48188-outlook-dims-for-global-spring-wheat-production
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Lower spring wheat acreage in major exporters could tighten supplies and support prices later in the season. The effect depends on how much the forecast cut is realized.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-02-17 | [Dry Conditions Continue Affecting Global Wheat Production](https://feedsoft.ai/events/42757-dry-conditions-continue-affecting-global-wheat-production.md) | +3.9% | +12.4% |
| WHEAT | 2018-06-01 | [Even with lower HRW Outlook, U.S. Wheat Production called up for 2018/](https://feedsoft.ai/events/64557-even-with-lower-hrw-outlook-u-s-wheat-production-called-up-for-2018.md) | +0.3% | -2.1% |
| WHEAT | 2018-06-19 | [Wheat production forecasts diminishing \| The Land \| NSW](https://feedsoft.ai/events/64495-wheat-production-forecasts-diminishing-the-land-nsw.md) | -0.7% | -3.1% |
| WHEAT | 2022-03-09 | [US Winter Wheat Production Won’t Ease Tight Global Supplies](https://feedsoft.ai/events/42322-us-winter-wheat-production-won-t-ease-tight-global-supplies.md) | -3.1% | +3.6% |
| WHEAT | 2017-08-08 | [Wheat production forecast down: NAB - Grain Central](https://feedsoft.ai/events/69415-wheat-production-forecast-down-nab-grain-central.md) | +0.5% | -0.8% |
| KWHEAT | 2018-06-01 | [Even with lower HRW Outlook, U.S. Wheat Production called up for 2018/](https://feedsoft.ai/events/64557-even-with-lower-hrw-outlook-u-s-wheat-production-called-up-for-2018.md) | +0.4% | -16.5% |
| KWHEAT | 2022-03-09 | [US Winter Wheat Production Won’t Ease Tight Global Supplies](https://feedsoft.ai/events/42322-us-winter-wheat-production-won-t-ease-tight-global-supplies.md) | -2.4% | -8.7% |
| KWHEAT | 2023-08-02 | [Weather woes, Russia upend outlook for global wheat suppliers \| Reuters](https://feedsoft.ai/events/34622-weather-woes-russia-upend-outlook-for-global-wheat-suppliers-reuters.md) | -4.2% | -11.2% |

## Sources

- gro-intelligence.com: https://www.gro-intelligence.com/insights/outlook-dims-for-global-spring-wheat-production

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