
An Oklahoma State extension article reviews the May WASDE, which projects 2022/23 world wheat production of 28.5 billion bushels and use of 28.9 billion. Ending stocks fall from 10.3 to 9.8 billion bushels, giving a stocks-to-use ratio of 34% against a five-year average of 35%.
Stocks-to-use falling below average signals a tighter balance that supports prices, although the report suggests supply still covers demand overall, with bread-wheat classes tighter than the rest.
Setelah 769 peristiwa laporan bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (53% lebih tinggi; separuh tengah -1,4% sampai +2,0%), dan +0,2% 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.