# Wheat Market Outlook – February 13th, 2017 | Sask Wheat

> A weekly Saskatchewan wheat outlook reports that the latest USDA report lowered 2016/17 world wheat production by 4.5 million tonnes, mainly on reductions in India. The report also lists primary elevator bids and export FOB prices.

- Date: 2017-02-13 · published 2017-02-13T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/72523-wheat-market-outlook-february-13th-2017-sask-wheat
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A downward revision to world output tightens the global wheat balance, which modestly supports wheat prices and feed wheat competitiveness.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2017-03-27 | [Wheat Market Outlook – March 27th, 2017 \| Sask Wheat](https://feedsoft.ai/events/72045-wheat-market-outlook-march-27th-2017-sask-wheat.md) | -1.8% | -6.1% |
| KWHEAT | 2025-03-17 | [Wheat Market Outlook – March 17, 2025 \| Sask Wheat](https://feedsoft.ai/events/5623-wheat-market-outlook-march-17-2025-sask-wheat.md) | +2.7% | -1.0% |
| KWHEAT | 2024-07-15 | [Wheat Market Outlook – July 15, 2024 \| Sask Wheat](https://feedsoft.ai/events/9370-wheat-market-outlook-july-15-2024-sask-wheat.md) | -5.6% | -8.3% |
| KWHEAT | 2018-08-27 | [Wheat Market Outlook – August 27th, 2018 \| Sask Wheat](https://feedsoft.ai/events/63572-wheat-market-outlook-august-27th-2018-sask-wheat.md) | +0.7% | +1.9% |
| KWHEAT | 2019-10-28 | [Wheat Market Outlook – October 28th, 2019 \| Sask Wheat](https://feedsoft.ai/events/56599-wheat-market-outlook-october-28th-2019-sask-wheat.md) | +0.8% | +0.3% |
| WHEAT | 2017-03-27 | [Wheat Market Outlook – March 27th, 2017 \| Sask Wheat](https://feedsoft.ai/events/72045-wheat-market-outlook-march-27th-2017-sask-wheat.md) | +2.4% | +3.1% |
| WHEAT | 2019-07-29 | [Wheat Market Outlook – July 29th, 2019 \| Sask Wheat](https://feedsoft.ai/events/58135-wheat-market-outlook-july-29th-2019-sask-wheat.md) | +0.7% | -1.2% |
| WHEAT | 2018-08-27 | [Wheat Market Outlook – August 27th, 2018 \| Sask Wheat](https://feedsoft.ai/events/63572-wheat-market-outlook-august-27th-2018-sask-wheat.md) | +2.1% | +0.2% |

## Sources

- saskwheat.ca: https://saskwheat.ca/wheat-market-outlook/2017-02-13/

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