# Farming News - ADM Market Report – feed wheat and oilseed rape

> The USDA report showed abundant wheat supplies, with higher global ending stocks despite lower output in Canada, Argentina and Australia. France's winter soft wheat area for 2020 is forecast to fall 4.8% to a 17-year low, and Coceral raised its EU 2019 production estimate to 145 million tonnes.

- Date: 2019-12-13 · published 2019-12-13T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/55527-farming-news-adm-market-report-feed-wheat-and-oilseed-rape
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Large global wheat supplies and rising EU and Russian exportable surpluses keep competition intense and cap prices, while the lower French area is a partial offset for 2020.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-03-09 | [Farming News - Roundup of the OSR,Wheat & Fertiliser Markets](https://feedsoft.ai/events/10892-farming-news-roundup-of-the-osr-wheat-and-fertiliser-markets.md) | -0.2% | +0.6% |
| WHEAT | 2016-11-09 | [Farming News - WASDE latest global stocks of wheat and oilseed increase](https://feedsoft.ai/events/73822-farming-news-wasde-latest-global-stocks-of-wheat-and-oilseed-increase.md) | +0.8% | -0.1% |
| WHEAT | 2017-09-15 | [Farming News - No shortage of Wheat in the world - Weekly Wheat and OSR report from Gleadell](https://feedsoft.ai/events/68919-farming-news-no-shortage-of-wheat-in-the-world-weekly-wheat-and-osr-report-from.md) | +0.7% | +3.6% |
| WHEAT | 2024-07-12 | [July supply, demand report a boost to corn and hit to wheat - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/29203-july-supply-demand-report-a-boost-to-corn-and-hit-to-wheat-agweek-1-source-for.md) | -3.9% | -2.9% |
| WHEAT | 2017-12-08 | [Farming News - US & EU wheat price down - the Weekly Markets](https://feedsoft.ai/events/11626-farming-news-us-and-eu-wheat-price-down-the-weekly-markets.md) | -3.7% | -1.3% |

## Sources

- farming.co.uk: https://farming.co.uk/news/adm-market-report--feed-wheat-and-oilseed-rape

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