# Lanworth Global Crop Outlook Summer 2018 - Abstract

> Lanworth's summer 2018 outlook attributes record Russian and Ukrainian grain output to rising yields, investment and favorable weather. Russia produced about 85 million tonnes of wheat and Ukraine 27 million tonnes in 2017/18.

- Date: 2018-05-02 · published 2018-05-02T12:00:00.000Z
- Category: report · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/64884-lanworth-global-crop-outlook-summer-2018-abstract
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Continued large Black Sea output keeps global wheat supply ample, which weighs on wheat prices unless weather problems emerge.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-03-25 | [Neutral outlook supports Australia’s NSW winter crops \| Latest Market News](https://feedsoft.ai/events/31174-neutral-outlook-supports-australia-s-nsw-winter-crops-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2023-03-24 | [COCERAL sees larger 2023 EU grain crop \| World Grain](https://feedsoft.ai/events/36793-coceral-sees-larger-2023-eu-grain-crop-world-grain.md) | +11.4% | +4.2% |
| WHEAT | 2017-11-27 | [Wheat Market Outlook – November 27th, 2017 \| Sask Wheat](https://feedsoft.ai/events/68034-wheat-market-outlook-november-27th-2017-sask-wheat.md) | +0.4% | +0.6% |
| 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 | 2025-03-03 | [Australia's 2024-25 grain crop surges to third largest on record \| Farm Online \| ACT](https://feedsoft.ai/events/25541-australia-s-2024-25-grain-crop-surges-to-third-largest-on-record-farm-online-act.md) | -3.4% | +0.5% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/news/newsticker-lanworth-global-crop-outlook-summer-2018-abstract-black-sea-region-2018-05

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