# Wheat Market Outlook – July 27th, 2020 | Sask Wheat

> The Sask Wheat weekly outlook reports that disappointing harvests in Europe and the Black Sea led the IGC to cut global wheat production. It provides Saskatchewan elevator bids, grain spreads and FOB port price tables for producers.

- Date: 2020-07-27 · published 2020-07-27T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/52148-wheat-market-outlook-july-27th-2020-sask-wheat
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower European and Black Sea output tightens the global wheat balance, supporting export prices and the value of Canadian wheat.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2024-07-15 | [Wheat Market Outlook – July 15, 2024 \| Sask Wheat](https://feedsoft.ai/events/9370-wheat-market-outlook-july-15-2024-sask-wheat.md) | -5.6% | -8.3% |
| KWHEAT | 2020-06-29 | [Wheat Market Outlook – June 29th, 2020 \| Sask Wheat](https://feedsoft.ai/events/52643-wheat-market-outlook-june-29th-2020-sask-wheat.md) | +2.7% | +4.3% |
| KWHEAT | 2017-03-27 | [Wheat Market Outlook – March 27th, 2017 \| Sask Wheat](https://feedsoft.ai/events/72045-wheat-market-outlook-march-27th-2017-sask-wheat.md) | -1.8% | -6.1% |
| KWHEAT | 2025-06-30 | [Wheat Market Outlook – June 30, 2025 \| Sask Wheat](https://feedsoft.ai/events/24270-wheat-market-outlook-june-30-2025-sask-wheat.md) | -1.5% | +1.9% |
| KWHEAT | 2018-08-27 | [Wheat Market Outlook – August 27th, 2018 \| Sask Wheat](https://feedsoft.ai/events/63572-wheat-market-outlook-august-27th-2018-sask-wheat.md) | +0.7% | +1.9% |
| WHEAT | 2019-07-29 | [Wheat Market Outlook – July 29th, 2019 \| Sask Wheat](https://feedsoft.ai/events/58135-wheat-market-outlook-july-29th-2019-sask-wheat.md) | +0.7% | -1.2% |
| WHEAT | 2017-03-27 | [Wheat Market Outlook – March 27th, 2017 \| Sask Wheat](https://feedsoft.ai/events/72045-wheat-market-outlook-march-27th-2017-sask-wheat.md) | +2.4% | +3.1% |
| WHEAT | 2018-08-27 | [Wheat Market Outlook – August 27th, 2018 \| Sask Wheat](https://feedsoft.ai/events/63572-wheat-market-outlook-august-27th-2018-sask-wheat.md) | +2.1% | +0.2% |

## Sources

- saskwheat.ca: https://saskwheat.ca/wheat-market-outlook/2020-07-27/

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