Global Production Continues to Decrease Due to Weather Problems in Australia and Russia

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Apr 2, 2025Analysts forecast a decrease in wheat production in Australia in the new season-0.8%
• Feb 17, 2022Dry Conditions Continue Affecting Global Wheat Production+3.9%
• Jul 28, 2023Australia forecasts 34% decline in wheat production-0.1%
• Apr 23, 2026Market Snapshot | Costly inputs and weather burden global wheat production - Pro Farmer+1.4%
• Mar 9, 2022US Winter Wheat Production Won’t Ease Tight Global Supplies-3.1%

After 322 past bullish weather events, Wheat (HRW) moved a median -0.1% over 5 sessions (49% higher; middle half -2.5% to +3.2%), and +1.0% over 20.

• Mar 9, 2022US Winter Wheat Production Won’t Ease Tight Global Supplies-2.4%
• Jun 15, 2017Premiums for Protein on the Rise - U.S. Wheat Associates+2.2%
• May 25, 2018Contact Us - Sherbrooke Record - Wheat Prices Firm as Weather Risks in India and U.S. Challenge Global Grain Abundance-1.5%
• Jan 11, 2018Cold Temperatures in HRW Country Gets Attention; Dry Conditions Could Be Worse - U.S. Wheat Associates-2.5%
• May 31, 2018Drought and U.S. Rail Rates Prop Up U.S. Export Prices - U.S. Wheat Associates-0.2%