# Wheat Market Outlook – April 1st, 2019 | Sask Wheat

> The Sask Wheat weekly outlook for April 1, 2019 cited IGC March figures, which left 2018/19 world wheat production unchanged at 735 million tonnes. Trade was raised 1 million tonnes to 171 million, and consumption was cut 2 million to 742 million. World carryout was estimated at 264 million tonnes.

- Date: 2019-04-01 · published 2019-04-01T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/59644-wheat-market-outlook-april-1st-2019-sask-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A slightly larger world carryout and higher trade point to ample global wheat supplies, which keeps downward pressure on prices and keeps wheat competitive in feed rations.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-05-13 | [Wheat Market Outlook – May 13th, 2019 \| Sask Wheat](https://feedsoft.ai/events/12092-wheat-market-outlook-may-13th-2019-sask-wheat.md) | -0.4% | +4.7% |
| WHEAT | 2020-08-31 | [Wheat Market Outlook – August 31st, 2020 \| Sask Wheat](https://feedsoft.ai/events/51653-wheat-market-outlook-august-31st-2020-sask-wheat.md) | -2.6% | +6.6% |
| WHEAT | 2025-03-17 | [Wheat Market Outlook – March 17, 2025 \| Sask Wheat](https://feedsoft.ai/events/5623-wheat-market-outlook-march-17-2025-sask-wheat.md) | +5.3% | +2.5% |
| WHEAT | 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) | -3.2% | -2.3% |
| WHEAT | 2019-09-30 | [Wheat Market Outlook – September 30th, 2019 \| Sask Wheat](https://feedsoft.ai/events/57115-wheat-market-outlook-september-30th-2019-sask-wheat.md) | +0.6% | -1.3% |

## Sources

- saskwheat.ca: https://saskwheat.ca/wheat-market-outlook/2019-04-01/

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