Commercial U.S. Wheat Export Sales Top USDA Estimate

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

• Jan 10, 2019Mid-Year Report: U.S. Wheat Export Pace Likely to Pick Up - U.S. Wheat Associates-0.8%
• Jul 20, 2017USDA exports – Sales surge for corn, soybeans and wheat-2.7%
• Feb 22, 2018Early Estimates Expect 2018/19 Wheat Production to Fall in the Black Sea - U.S. Wheat Associates+1.3%
• Sep 19, 2018Weather Continues to Affect Global Wheat Production - U.S. Wheat Associates+0.7%
• Oct 6, 2022USDA takes axe to wheat production estimate | The Western Producer-14.4%

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

• Sep 19, 2018Weather Continues to Affect Global Wheat Production - U.S. Wheat Associates+1.2%
• Oct 6, 2022USDA takes axe to wheat production estimate | The Western Producer-2.0%
• Mar 22, 2018Global Winter Wheat Condition a Mixed Bag - U.S. Wheat Associates-1.0%
• Jun 12, 2018U.S. grains: Wheat surges after USDA cuts Russian output estimate - Grainews-6.6%
• Nov 2, 2017U.S. High-Protein Wheat Supplies Tightening - U.S. Wheat Associates+2.8%