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US wheat prices were mixed late in 2025 as large global supplies remained the dominant bearish factor. USDA's December WASDE raised world wheat production 9 million tonnes to a record 837.8 million, with ending stocks seen at 274.9 million tonnes.
Record output in Canada, Argentina and the EU outpaces global use, which keeps export prices under pressure. Logistics and rail constraints add only limited support.
world-grain.comChris Lyddon2025年12月16日在过去 1,006 次看跌的报告事件之后，小麦(SRW) 在 5 个交易日内中位数变动 +0.0%（50% 上涨；中间一半区间为 -1.6% 至 +1.8%），20 个交易日内为 +0.3%。
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。
