# Wheat prices expected to rebound after harvest | 620 CKRM - The Voice of Saskatchewan | Harvard Media

> FarmLink analyst Neil Townsend says abundant world wheat supplies are pressuring prices this summer. He expects demand to pick up from November through April and forecasts wheat gains of 40 to 50 cents a bushel over the winter.

- Date: 2020-08-31 · published 2020-08-31T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/51655-wheat-prices-expected-to-rebound-after-harvest-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

Analyst expectations of a winter rally may encourage farmers to hold wheat, tightening near-term deliverable supply while the harvest-time pressure persists.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- 620ckrm.com: https://www.620ckrm.com/2020/08/31/wheat-prices-expected-to-rebound-after-harvest/

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