Premiums Rise as Supplies of High Protein Wheat Fall

After 20 past neutral trade events, Wheat (HRW) moved a median -0.7% over 5 sessions (30% higher; middle half -4.1% to +1.4%), and -4.0% over 20.

• Oct 18, 2018Wheat exports, the key to higher prices-4.6%
• Dec 15, 2023US wheat recovery stalls on lack of Chinese purchases | Stock Journal | SA0.0%
• Jan 28, 2020Wheat: slight pressure on sales in Western Europe - Mundus Agri-4.1%
• Jan 17, 2017India imported 2.7 mn tonnes of wheat this fiscal-0.9%
• Sep 29, 2017EU wheat eases after U.S. data, Algeria tender gives export boost-4.1%

After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.

• Apr 5, 2018Global Perspective on Wheat Trade - U.S. Wheat Associates+0.6%
• Jul 23, 2018Lower U.S. Wheat Futures: An Anomaly and Excellent Opportunity - U.S. Wheat Associates+2.5%
• Jul 25, 2025U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall - AgCanada-1.2%
• Jul 16, 2020Soy, corn higher on improving export demand for U.S. supplies | Financial Post-0.0%
• Jun 3, 2019US wheat futures fall+9.6%