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USDA's May 2021 crop report included surprises that made it more negative than expected. Old-crop wheat exports were cut, and new-crop wheat feed use rose 70 million bushels as high corn prices shifted feeders to wheat.
EU old-crop production was cut 9.7 million metric tons, and Australian and Canadian new-crop estimates were lowered.
Higher wheat feed use and lower export projections raise domestic wheat consumption and reduce carryout. The lower EU and Australian crops tighten global supply and support wheat prices.
agweek.comRandy Martinson2021年5月21日在过去 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%。
在过去 1,040 次看涨的报告事件之后，玉米 在 5 个交易日内中位数变动 +0.5%（62% 上涨；中间一半区间为 -0.9% 至 +2.0%），20 个交易日内为 +0.8%。
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。
