◂ Event Timeline

Nov 1, 2019REPORTUS

Good Milling and End-Product Performance is Available in 2019 Hard Red Winter Wheat Supplies

U.S. Wheat Associates reports that the 2019 hard red winter wheat crop has good milling quality despite lower protein content. Production is estimated at 22.9 million tonnes, up 27% from 2018 on unexpectedly high yields.

WHY IT MATTERS

Larger HRW supplies with below-average protein weigh on KC wheat prices and make lower-protein wheat cheaper for feed use.

AFFECTSWheat (HRW)▼

SOURCE
uswheat.orgU.S. Wheat AssociatesNov 1, 2019

Price reaction & history

Wheat (HRW)▼bearishSO FAR1d +1.5%5d +1.2%20d +4.5%

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.

Jun 28, 2024WMR-U.S. Hard Red Winter Production Recovers in 2024+0.5%
Jan 21, 2021Favorable Weather and Strong Income Support Winter Wheat Seeding-0.0%
Jan 12, 2023Corn and soybean production down in 2022, USDA reports Corn stocks down, soybean stocks down from year earlier Winter Wheat Seedings up for 2023+1.2%
Dec 12, 2018USDA raises 2019 wheat and corn ending stocks | 2018-12-12 | World Grain+8.4%
Sep 30, 2025Wheat Falling as USDA Raises Production-2.5%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Wheat (HRW) KWHEAT · GP ▸

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