Record global harvest of cereals, India too heads for a new high

After 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.

• Feb 20, 2022What a record harvest means for India+2.8%
• Feb 18, 2020India to harvest record rice, wheat crops-0.9%
• Feb 15, 2023Trade survey sees India's 2022-23 wheat crop below ministry's forecast of record high | S&P Global-1.4%
• Oct 19, 2022On track for near-record harvest - The Guardian-0.5%
• May 12, 2019FAO: Record cereal harvests expected for South America in 2019-0.4%

After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.

• May 12, 2019FAO: Record cereal harvests expected for South America in 2019+6.9%
• Oct 6, 2022In September, IBGE expects record harvest of 261.9 million tonnes for 2022 | News Agency+0.8%
• Jul 3, 2025Record harvest of safrinha corn in Brazil-5.1%
• Jul 11, 2025Brazil raises forecast for record grain harvest-0.7%
• May 15, 2026Brazil raises forecast for record harvest+1.2%

After 87 past bearish report events, Rough Rice moved a median +0.0% over 5 sessions (53% higher; middle half -2.1% to +2.4%), and +1.1% over 20.

• Feb 20, 2022What a record harvest means for India+3.1%
• Feb 18, 2020India to harvest record rice, wheat crops+0.3%
• Mar 13, 2019India forecast to harvest record rice crop | 2019-03-13 | World Grain+2.8%
• May 25, 2021Indian farmers expect to harvest record wheat, rice crops this year+1.0%
• Jun 16, 2026India Grain Reserves: India builds record grain reserves as El Nino returns: Rice stocks hit new peak, wheat stores at five-year high - The Times of India+9.2%