# A KNOWING GLANCE AT 2019 – GrainsWest

> A GrainsWest outlook says 2019/20 wheat setup is reasonable, with global stocks near record at about 270 MMT but much held by China. Exporter stocks are expected to be drawn down after smaller 2018/19 crops in Russia, the EU and Australia.

- Date: 2019-03-01 · published 2019-03-01T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/60148-a-knowing-glance-at-2019-grainswest
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Tightening exporter stocks could support wheat prices later in the marketing year, though high global stocks limit upside.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-07-20 | [Harvest 2018: The wheat harvest in advance](https://feedsoft.ai/events/63981-harvest-2018-the-wheat-harvest-in-advance.md) | +3.1% | +2.1% |
| WHEAT | 2024-02-14 | [France reduces winter grain area estimates](https://feedsoft.ai/events/31606-france-reduces-winter-grain-area-estimates.md) | +0.1% | -5.0% |
| WHEAT | 2019-02-22 | [Grain market week in review, Feb. 22, 2019](https://feedsoft.ai/events/11851-grain-market-week-in-review-feb-22-2019.md) | -3.7% | +0.5% |
| WHEAT | 2020-10-08 | [Northwest Grain Stocks report - Morning Ag Clips](https://feedsoft.ai/events/50719-northwest-grain-stocks-report-morning-ag-clips.md) | +0.0% | -0.6% |
| WHEAT | 2019-12-05 | [Grain Transportation Report, December 5, 2019](https://feedsoft.ai/events/55467-grain-transportation-report-december-5-2019.md) | -3.9% | -1.3% |
| KWHEAT | 2016-11-10 | [Wheat \| World-grain.com \| November 10, 2016 20:14 \| World Grain](https://feedsoft.ai/events/73889-wheat-world-grain-com-november-10-2016-20-14-world-grain.md) | -0.4% | -3.6% |
| KWHEAT | 2025-08-19 | [Grain Journal \| 2025 Grain Quality Report](https://feedsoft.ai/events/23391-grain-journal-2025-grain-quality-report.md) | -1.9% | +3.4% |
| KWHEAT | 2023-05-18 | [Grain Transportation Report, May 18, 2023](https://feedsoft.ai/events/35835-grain-transportation-report-may-18-2023.md) | -8.3% | -8.2% |

## Sources

- grainswest.com: https://grainswest.com/2019/03/a-knowing-glance-at-2019/

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