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USDA's March Prospective Plantings report projects US spring wheat area at 14.2 million acres, down 7% from 2018, including 12.4 million acres of hard red spring. Durum area is forecast to fall 25% as North Dakota farmers switch to hard red spring because of premium spreads.
Weather and price concerns are cited as further reasons for lower spring wheat planting.
Smaller spring wheat acreage tightens expected supply and supports spring wheat and milling wheat prices. The shift away from durum also reflects changing premium relationships among wheat classes.
在过去 769 次看涨的报告事件之后,小麦(SRW) 在 5 个交易日内中位数变动 +0.2%(53% 上涨;中间一半区间为 -1.4% 至 +2.0%),20 个交易日内为 +0.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。