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Sask Wheat's weekly Wheat Market Outlook for November 27, 2017 summarizes world wheat production, which has risen from 715 million tonnes in 2013/14 to a projected 752 million in 2017/18. The report also provides primary elevator bids and FOB port price benchmarks.
Record-scale world wheat output keeps export competition intense and limits price recovery for wheat exporters.
saskwheat.caNov 27, 2017After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
