The August USDA WASDE raised its 2022-23 Australian wheat production forecast by 3 million tonnes to 33Mt on better weather and yield prospects. The report also raised Australian and Canadian wheat export forecasts, lifted Russia's crop to a record 88Mt, and cut India and the EU.
Global 2022-23 wheat production was put at a record 779.6Mt.
Higher exporter supplies from Australia, Russia and Canada weigh on wheat export prices. Cuts in India and the EU partly offset this, but the net effect is bearish.
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.