Winter wheat CCI improves across both classes

After 138 past bearish report events, Wheat (HRW) moved a median +0.0% over 5 sessions (50% higher; middle half -2.9% to +2.4%), and +0.5% over 20.

• Jul 12, 2017Corn, winter wheat drag grains lower, as US supply-7.1%
• Jan 29, 2024Canada Know-Risk Market Outlook | HRW Wheat Ratings Improve+0.0%
• Jan 21, 2021Favorable Weather and Strong Income Support Winter Wheat Seeding-0.0%
• Feb 27, 2024Finding a Winter Bottom - Alberta Grains+3.2%
• Nov 26, 2024Improved crop condition in the US and accelerated harvest in Australia and Argentina increase pressure on wheat prices-4.0%

After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

• Feb 15, 2021Winter harvest near record, summer crop on the improve: ABARES - Grain Central+9.4%
• Jun 8, 2021Australia winter wheat crop estimate above average | World Grain+6.1%
• Jul 12, 2017Corn, winter wheat drag grains lower, as US supply-2.2%
• Oct 20, 2025Australia’s wheat production outlook improves as harvest begins - AgCanada+0.7%
• Aug 2, 2024Precipitation improved the prospects for the wheat harvest in Australia+4.8%