
The March USDA report raised global wheat production by 2.68 million tonnes, driven by larger Australian and Argentine crops. Global consumption was lifted by India's higher import estimate of 5.5 million tonnes, and the market fell only slightly as the changes were largely expected.
Higher global production and stocks are bearish for wheat prices, though strong Indian import demand partly offsets the supply increase.
Setelah 1.006 peristiwa laporan bearish sebelumnya, Gandum (SRW) bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -1,6% sampai +1,8%), dan +0,3% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.