# Wheat Market Outlook – April 24th, 2017 | Sask Wheat

> Statistics Canada's first 2017 preliminary acreage report expects farmers to seed 23.2 million acres of wheat. The Sask Wheat outlook also reviews world wheat fundamentals and Saskatchewan and port price benchmarks.

- Date: 2017-04-24 · published 2017-04-24T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/71551-wheat-market-outlook-april-24th-2017-sask-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stable Canadian wheat acreage points to adequate supply, so the outlook is mostly neutral for feed wheat pricing unless weather or export demand changes.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-10-09 | [Wheat Market Outlook – October 9th, 2018 \| Sask Wheat](https://feedsoft.ai/events/62628-wheat-market-outlook-october-9th-2018-sask-wheat.md) | +8.3% | +4.4% |
| WHEAT | 2024-08-26 | [Wheat Market Outlook – August 26, 2024 \| Sask Wheat](https://feedsoft.ai/events/28815-wheat-market-outlook-august-26-2024-sask-wheat.md) | +0.4% | +3.2% |
| WHEAT | 2021-06-28 | [Wheat Market Outlook – June 28th, 2021 \| Sask Wheat](https://feedsoft.ai/events/46621-wheat-market-outlook-june-28th-2021-sask-wheat.md) | -0.2% | -3.7% |
| WHEAT | 2024-09-23 | [Wheat Market Outlook – September 23, 2024 \| Sask Wheat](https://feedsoft.ai/events/5610-wheat-market-outlook-september-23-2024-sask-wheat.md) | +11.3% | +5.5% |
| WHEAT | 2020-11-30 | [Wheat Market Outlook – November 30th, 2020 \| Sask Wheat](https://feedsoft.ai/events/50198-wheat-market-outlook-november-30th-2020-sask-wheat.md) | -0.9% | +8.3% |

## Sources

- saskwheat.ca: https://saskwheat.ca/wheat-market-outlook/2017-04-24/

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