# Sask Wheat says grain markets are uncertain this week | 620 CKRM - The Voice of Saskatchewan | Harvard Media

> Sask Wheat's latest outlook said world wheat futures fell sharply the prior week as uncertainty over Russia's unresolved export tax dominated markets. Minneapolis spring wheat fell 30 cents a bushel before partially recovering. Canadian wheat exports are running 29% ahead of last year, led by China and Nigeria.

- Date: 2021-01-26 · published 2021-01-26T12:00:00.000Z
- Category: policy · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/49179-sask-wheat-says-grain-markets-are-uncertain-this-week-620-ckrm-the-voice-of
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Uncertainty over Russian export policy keeps wheat prices volatile, while Argentina selling out and strong Canadian exports limit downside. Feed buyers face unstable wheat pricing until Black Sea policy settles.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2018-09-11 | [Wheat still ‘Russian’ out the ports - Grain Central](https://feedsoft.ai/events/62872-wheat-still-russian-out-the-ports-grain-central.md) | +1.8% | +2.7% |
| KWHEAT | 2018-10-14 | [USDA report has mixed impact - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/62483-usda-report-has-mixed-impact-agweek-1-source-for-agriculture-news-farming.md) | -1.5% | -7.0% |
| KWHEAT | 2020-11-10 | [U.S. Wheat Associates Submits Comments on International Trade Barriers to USTR - U.S. Wheat Associates](https://feedsoft.ai/events/50114-u-s-wheat-associates-submits-comments-on-international-trade-barriers-to-ustr-u.md) | +1.0% | -2.9% |
| KWHEAT | 2017-04-25 | [CME approves variable storage rate for KC HRW Wheat Futures Authors:](https://feedsoft.ai/events/71545-cme-approves-variable-storage-rate-for-kc-hrw-wheat-futures-authors.md) | +12.7% | +8.5% |
| KWHEAT | 2025-05-20 | [Govt to review situation on availability and global demand before any nod to wheat exports](https://feedsoft.ai/events/24622-govt-to-review-situation-on-availability-and-global-demand-before-any-nod-to.md) | +0.3% | +4.8% |
| WHEAT | 2022-10-18 | [India has sufficient stocks of grains, could sell wheat in open market](https://feedsoft.ai/events/39078-india-has-sufficient-stocks-of-grains-could-sell-wheat-in-open-market.md) | -0.7% | +1.6% |
| WHEAT | 2020-04-02 | [Analyst Insight: What is the risk of intervention in global grain markets? \| AHDB](https://feedsoft.ai/events/53718-analyst-insight-what-is-the-risk-of-intervention-in-global-grain-markets-ahdb.md) | +2.1% | -0.7% |
| WHEAT | 2018-09-11 | [Wheat still ‘Russian’ out the ports - Grain Central](https://feedsoft.ai/events/62872-wheat-still-russian-out-the-ports-grain-central.md) | -7.4% | -7.0% |

## Sources

- 620ckrm.com: https://www.620ckrm.com/2021/01/26/sask-wheat-says-grain-markets-are-uncertain-this-week/

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