Wheat Wavers After Touching Two-Year High Amid Black Sea Strikes

After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.

• Jun 12, 2020Survey: Wheat exports from the Black Sea region are-1.3%
• Jun 26, 2024EU's wheat harvest yields similar to the average of the last 5 years-2.0%
• Jan 18, 2017US wheat stocks to remain high | VIC-1.3%
• Jun 12, 2020Black Sea Wheat Exports Seen Steady In 2020/21: Poll | ESM Magazine-1.3%
• Oct 18, 2021Wheat prices rose sharply after the release of the October USDA report+1.1%

After 40 past neutral report events, Wheat (HRW) moved a median -0.9% over 5 sessions (38% higher; middle half -3.1% to +1.6%), and -0.5% over 20.

• Feb 22, 2018Early Estimates Expect 2018/19 Wheat Production to Fall in the Black Sea - U.S. Wheat Associates+9.1%
• Apr 8, 2025We can expect a larger wheat harvest in the EU this year - Trademagazin-0.7%
• Apr 22, 2019Low wheat prices predicted for the next 10-years-4.8%
• Sep 23, 2024Wheat Market Outlook – September 23, 2024 | Sask Wheat+2.3%
• May 19, 2020USDA: Wheat Stocks Drop, But Prices Hold+0.2%