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Wheat rallied 20 US cents after the USDA report but then fell 33 cents over the next two sessions, closing the week just under US$5.00/bu from a May high of US$5.54. The report showed higher US opening stocks and winter wheat production, partly offset by higher new-season exports.
Seasonal harvest pressure, a stronger US dollar and US wheat's reduced competitiveness also weighed on prices.
Harvest pressure, a firmer dollar and weaker export competitiveness pushed wheat lower despite a modest USDA-driven rally. Feed buyers should expect wheat to trade with harvest seasonality and currency moves rather than a sustained supply shock.
theland.com.auMalcolm Bartholomaeus, Bartholomaeus Consulting2018/06/18過去の弱気なレポートイベント1,006件の後、小麦(SRW) は5営業日で中央値 +0.0% 動き（50% が上昇。中央50%は -1.6% から +1.8%）、20営業日では +0.3% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
