# Wheat Market Outlook – July 29th, 2019 | Sask Wheat

> A weekly wheat outlook reports that the International Grains Council cut its 2019/20 world total grain production forecast by 8 million tonnes to 2,148 million tonnes. The reduction came mainly from lower Chinese maize and US sorghum output.

- Date: 2019-07-29 · published 2019-07-29T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/58135-wheat-market-outlook-july-29th-2019-sask-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A smaller world coarse grain crop tightens supply for feed grains and supports corn and wheat prices, especially for feed buyers who depend on maize and sorghum.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-07-27 | [Wheat Market Outlook – July 27th, 2020 \| Sask Wheat](https://feedsoft.ai/events/52148-wheat-market-outlook-july-27th-2020-sask-wheat.md) | +0.4% | -1.6% |
| 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 | 2024-04-29 | [Wheat Market Outlook – April 29, 2024 \| Sask Wheat](https://feedsoft.ai/events/30780-wheat-market-outlook-april-29-2024-sask-wheat.md) | -1.8% | +21.1% |
| 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% |
| WHEAT | 2018-09-24 | [Wheat Market Outlook – September 24th, 2018 \| Sask Wheat](https://feedsoft.ai/events/63068-wheat-market-outlook-september-24th-2018-sask-wheat.md) | -0.1% | +7.8% |
| CORN | 2026-01-30 | [Poultry Market Outlook - Jan - Ceva Poultry](https://feedsoft.ai/events/21206-poultry-market-outlook-jan-ceva-poultry.md) | +0.7% | +0.3% |
| CORN | 2021-03-01 | [Economic Outlook: 2021 Corn Market Forecast - Corn South](https://feedsoft.ai/events/48142-economic-outlook-2021-corn-market-forecast-corn-south.md) | +0.6% | +5.4% |
| CORN | 2025-05-12 | [Canada Know-Risk Market Outlook \| WASDE Friendly Corn and Soybeans, Bearish Wheat](https://feedsoft.ai/events/24609-canada-know-risk-market-outlook-wasde-friendly-corn-and-soybeans-bearish-wheat.md) | +0.0% | +1.9% |

## Sources

- saskwheat.ca: https://saskwheat.ca/wheat-market-outlook/2019-07-29/

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