# Wheat Market Outlook – January 27, 2025 | Sask Wheat

> Cash wheat prices rose in most major origins last week, led by stronger corn and slowing Russian exports. South Korea bought feed wheat at a narrow premium to corn, and Canadian spring wheat rallied after U.S. tariff decisions were postponed to Feb. 1.

- Date: 2025-01-27 · published 2025-01-27T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/6891-wheat-market-outlook-january-27-2025-sask-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Narrow wheat-corn spreads let wheat displace corn in feed rations, which supports wheat demand, while slower Russian exports reduce global supply.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2025-01-27 | 1 | +2.1% | 4.6 | Weekly outlook dated the move day cites stronger corn, slowing Russian exports and postponed US tariffs lifting cash wheat, which are direct supply and trade-flow supports for SRW. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-11-18 | [Wheat Market Outlook – November 18th, 2019 \| Sask Wheat](https://feedsoft.ai/events/11890-wheat-market-outlook-november-18th-2019-sask-wheat.md) | +3.8% | +3.1% |
| WHEAT | 2025-01-21 | [Soybeans, wheat surge on “euphoria” following inauguration \| Midday Markets \| January 21, 2025](https://feedsoft.ai/events/9934-soybeans-wheat-surge-on-euphoria-following-inauguration-midday-markets-january.md) | +3.4% | +5.7% |
| WHEAT | 2022-12-15 | [Canada Know-Risk Market Outlook \| Wheat Demand Surfaces On Price Break](https://feedsoft.ai/events/38267-canada-know-risk-market-outlook-wheat-demand-surfaces-on-price-break.md) | -1.1% | -3.8% |
| WHEAT | 2026-08-27 | [Small French wheat, corn crops in 2026-27 cap exports \| Latest Market News](https://feedsoft.ai/events/17840-small-french-wheat-corn-crops-in-2026-27-cap-exports-latest-market-news.md) | +4.0% | +7.1% |
| WHEAT | 2026-10-29 | [U.S. Wheat Export Sales Hit Marketing-Year High](https://feedsoft.ai/events/1272-u-s-wheat-export-sales-hit-marketing-year-high.md) | -0.4% | — |
| CORN | 2026-08-27 | [Small French wheat, corn crops in 2026-27 cap exports \| Latest Market News](https://feedsoft.ai/events/17840-small-french-wheat-corn-crops-in-2026-27-cap-exports-latest-market-news.md) | +0.5% | +2.4% |
| CORN | 2021-10-01 | [Farming News - Wheat & OSR market report from ADM](https://feedsoft.ai/events/11321-farming-news-wheat-and-osr-market-report-from-adm.md) | +0.7% | +3.7% |
| CORN | 2023-03-26 | [Daily Market Wire 27 March 2023 - Grain Central](https://feedsoft.ai/events/5084-daily-market-wire-27-march-2023-grain-central.md) | +1.6% | -0.0% |

## Sources

- saskwheat.ca: https://saskwheat.ca/wheat-market-outlook/wheat-market-outlook-january-27-2025/

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