Global wheat production on the decline

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

• Aug 17, 2021USDA slashes global wheat production - Grain Central+0.1%
• Jul 13, 2020Global wheat prices soften in June: USDA - Grain Central-0.4%
• Apr 23, 2026EU overall grains production forecast to decline | World Grain+1.4%
• Mar 3, 2023Global cereal stocks falling in 2022/23; early prospects point to a decline in wheat production in 2023 – FAO-2.6%
• Apr 30, 2026Australia’s wheat production may decline significantly-3.2%

After 180 past bullish report events, Wheat (HRW) moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.7%), and -0.6% over 20.

• Aug 17, 2021USDA slashes global wheat production - Grain Central-4.4%
• Jun 29, 2017World Wheat Production to Decline in 2017/18 - U.S. Wheat Associates+15.0%
• Mar 2, 2017Global wheat production projected to drop - Brownfield Ag News-1.8%
• Sep 19, 2018Weather Continues to Affect Global Wheat Production - U.S. Wheat Associates+1.2%
• Oct 14, 2024USDA adjusts global grain production forecasts | Feed & Grain-3.9%