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The April WASDE cut 2019-20 US wheat exports to 985 million bushels and reduced domestic use, leaving ending stocks at 970 million bushels. The season-average farm price was raised five cents to $4.60 a bushel.
USDA also reported Russia imposed wheat export restrictions and global trade was lower.
A higher season-average price and global trade restrictions support wheat values even with larger US carryout. Reduced export competitiveness may limit US sales to importers.
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。