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U.S. Wheat Associates highlights SRW supply and demand points: protein is above average at 9.9%, DON is slightly below average, and SRW is quoted at $202/MT FOB Gulf for June delivery. Ending stocks have fallen from 5.9 MMT in 2016/17.
Declining SRW supplies and a competitive export price could support export demand, but the promotional tone offers little new price catalyst.
uswheat.org2019年4月16日在过去 206 次中性的贸易事件之后，小麦(SRW) 在 5 个交易日内中位数变动 +0.1%（53% 上涨；中间一半区间为 -1.3% 至 +1.6%），20 个交易日内为 +0.5%。
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。
