Loading…
The International Grains Council cut its 2026–27 global wheat production forecast by 3 million tonnes to 789 million tonnes, citing adverse weather in key growing regions. Lower output expectations in Canada, the United States, and Russia contrast with a forecast for steady global consumption.
A smaller crop estimate alongside steady demand tightens the expected global wheat balance and could support wheat prices and alter trade flows.
insights.tridge.comNov 9, 2026After 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.
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.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
