# Wheat Outlook: July 2024 | Economic Research Service

> The USDA Economic Research Service published its July 2024 Wheat Outlook, explaining changes to US and world wheat supply and use projections for 2023/24 and 2024/25 from the July 12 WASDE. The piece is a download page with PDF and spreadsheet links.

- Date: 2024-07-16 · published 2024-07-16T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/9369-wheat-outlook-july-2024-economic-research-service
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The revised projections for larger US and world wheat production support a bearish wheat price outlook for feed buyers.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-07-15 | [Wheat Market Outlook – July 15, 2024 \| Sask Wheat](https://feedsoft.ai/events/9370-wheat-market-outlook-july-15-2024-sask-wheat.md) | -3.2% | -2.3% |
| WHEAT | 2025-03-17 | [Wheat Market Outlook – March 17, 2025 \| Sask Wheat](https://feedsoft.ai/events/5623-wheat-market-outlook-march-17-2025-sask-wheat.md) | +5.3% | +2.5% |
| WHEAT | 2025-06-30 | [Wheat Market Outlook – June 30, 2025 \| Sask Wheat](https://feedsoft.ai/events/24270-wheat-market-outlook-june-30-2025-sask-wheat.md) | -0.7% | -1.8% |
| WHEAT | 2020-06-29 | [Wheat Market Outlook – June 29th, 2020 \| Sask Wheat](https://feedsoft.ai/events/52643-wheat-market-outlook-june-29th-2020-sask-wheat.md) | -6.5% | -4.5% |
| WHEAT | 2021-06-07 | [Wheat Market Outlook – June 7th, 2021 \| Sask Wheat](https://feedsoft.ai/events/46642-wheat-market-outlook-june-7th-2021-sask-wheat.md) | +1.2% | -2.1% |

## Sources

- ers.usda.gov: http://www.ers.usda.gov/publications/pub-details?pubid=109547

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.