# Weather Continues to Affect Global Wheat Production - U.S. Wheat Associates

> USDA expects 2018/19 global wheat production to fall 3% to 733 million tonnes, the lowest in five years, led by declines in major exporters. Global consumption is raised to a record 746 million tonnes, and Canadian harvest delays from frost and wet fields add to supply concerns.

- Date: 2018-09-19 · published 2018-09-19T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/62993-weather-continues-to-affect-global-wheat-production-u-s-wheat-associates
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower exporter supplies against record consumption tighten the global wheat balance, supporting wheat and feed grain prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-04-19 | [Competing for Acres: 2018/19 Global Wheat Production to Fall - U.S. Wheat Associates](https://feedsoft.ai/events/65487-competing-for-acres-2018-19-global-wheat-production-to-fall-u-s-wheat-associates.md) | +0.3% | -1.2% |
| WHEAT | 2018-03-22 | [Global Winter Wheat Condition a Mixed Bag - U.S. Wheat Associates](https://feedsoft.ai/events/65938-global-winter-wheat-condition-a-mixed-bag-u-s-wheat-associates.md) | +0.1% | +4.9% |
| WHEAT | 2019-04-04 | [Revenue Potential, Weather Conditions to Cut U.S. Spring Wheat Area - U.S. Wheat Associates](https://feedsoft.ai/events/11380-revenue-potential-weather-conditions-to-cut-u-s-spring-wheat-area-u-s-wheat.md) | +3.0% | -2.8% |
| WHEAT | 2017-06-29 | [World Wheat Production to Decline in 2017/18 - U.S. Wheat Associates](https://feedsoft.ai/events/70449-world-wheat-production-to-decline-in-2017-18-u-s-wheat-associates.md) | +2.3% | -2.9% |
| WHEAT | 2018-02-22 | [Early Estimates Expect 2018/19 Wheat Production to Fall in the Black Sea - U.S. Wheat Associates](https://feedsoft.ai/events/66432-early-estimates-expect-2018-19-wheat-production-to-fall-in-the-black-sea-u-s.md) | +1.3% | +1.3% |
| KWHEAT | 2018-03-22 | [Global Winter Wheat Condition a Mixed Bag - U.S. Wheat Associates](https://feedsoft.ai/events/65938-global-winter-wheat-condition-a-mixed-bag-u-s-wheat-associates.md) | -1.0% | +6.4% |
| KWHEAT | 2017-06-29 | [World Wheat Production to Decline in 2017/18 - U.S. Wheat Associates](https://feedsoft.ai/events/70449-world-wheat-production-to-decline-in-2017-18-u-s-wheat-associates.md) | +15.0% | +4.2% |
| KWHEAT | 2018-06-28 | [Strong Demand Pushes Global Wheat Prices Higher - U.S. Wheat Associates](https://feedsoft.ai/events/64554-strong-demand-pushes-global-wheat-prices-higher-u-s-wheat-associates.md) | +4.7% | +16.0% |

## Sources

- uswheat.org: https://uswheat.org/wheatletter/exportable-wheat-supplies-in-the-world-expected-to-fall-for-second-year-in-a-row/

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