
Russia's move to cap wheat exports and rising domestic food security calls are expected to support Black Sea wheat prices in 2022. USDA sees Russian 2021-22 wheat production at 75.5 million mt and exports at 36 million mt, both down year on year.
Ukrainian wheat production is estimated at 33 million mt with exports of 24.2 million mt.
A Russian export cap removes a major supplier from world markets and tightens high-protein wheat supply, which is bullish for Black Sea and global wheat prices and raises feed grain costs.
在过去 182 次看涨的政策事件之后,小麦(SRW) 在 5 个交易日内中位数变动 +0.1%(52% 上涨;中间一半区间为 -1.9% 至 +1.4%),20 个交易日内为 -0.3%。
在过去 37 次看涨的政策事件之后,小麦(HRW) 在 5 个交易日内中位数变动 -0.1%(41% 上涨;中间一半区间为 -3.4% 至 +2.0%),20 个交易日内为 -3.3%。
历史可比事件尚不足,暂无法给出历史解读。
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。