Wheat acreage decline - AG INFORMATION NETWORK OF THE WEST

After 138 past bearish report events, Wheat (HRW) moved a median +0.0% over 5 sessions (50% higher; middle half -2.9% to +2.4%), and +0.5% over 20.

• Jul 13, 2017A Shock to the Wheat Market - Northern Ag Network-5.3%
• Jun 29, 2023Wheat prices fell again by 2.2-4.8% on the background of increased acreage in Canada+5.3%
• Mar 18, 2021The higher forecast production in the new season lowers the price of wheat old crop-4.1%
• Dec 19, 2023Increasing forecasts of wheat harvest and exports from Canada lowers quotations in the US+2.4%
• May 31, 2023Wheat prices fell by 2.5-4.7% against the background of the acceleration of sowing in the USA and an increase in crop forecasts in the EU and the Russia+4.7%

After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

• Jul 13, 2017A Shock to the Wheat Market - Northern Ag Network-1.8%
• Jun 29, 2023Wheat prices fell again by 2.2-4.8% on the background of increased acreage in Canada-8.3%
• Nov 17, 2016Strategy of grains estimates EU acreage for wheat at-2.1%
• Jul 13, 2018Changes in Wheat Volume in July WASDE - Northern Ag Network+3.7%
• Mar 9, 2026India’s wheat output pegged at record high 120 mt on higher acreage, conducive weather - The HinduBusinessLine+0.6%