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Global wheat values are being driven by supply, with the northern hemisphere crop looking good overall. The USDA reported US spring wheat only 2% planted against a 13% average, while winter wheat was 6% headed versus 9% normally.
Warmer weather is expected to speed planting.
A large northern hemisphere crop outlook tends to cap wheat prices and reduces the appeal of wheat for feed relative to other grains. Delayed US spring planting is a modest upside risk that markets may already be discounting.
grainbrokers.com.au2019年4月23日在过去 334 次看跌的天气事件之后，小麦(SRW) 在 5 个交易日内中位数变动 -0.2%（47% 上涨；中间一半区间为 -1.9% 至 +1.7%），20 个交易日内为 -0.2%。
在过去 70 次看跌的天气事件之后，小麦(HRW) 在 5 个交易日内中位数变动 -0.6%（41% 上涨；中间一半区间为 -3.9% 至 +2.5%），20 个交易日内为 -1.1%。
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。
