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USDA's May WASDE projects 2026/27 world wheat production at 819.1 million tonnes, down 24.7 million from 2025/26. The US harvest is forecast at 42.5 million tonnes, with hard red winter at 14.0 million tonnes, the smallest since 1957.
Lower EU and Australian crops also contribute to the decline.
A sharp drop in major exporter supplies, led by US hard red winter wheat, tightens the global wheat balance and supports prices. Lower ending stocks raise the price outlook for feed-grade wheat substitutes.
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 180 次看涨的报告事件之后,小麦(HRW) 在 5 个交易日内中位数变动 +0.4%(53% 上涨;中间一半区间为 -2.1% 至 +3.7%),20 个交易日内为 -0.6%。
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。