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USDA's February 2019 WASDE cut global wheat production 3% to 735 MMT, with sharp drops in the EU, Russia and Australia. It raised global use to a record 747 MMT, driven by higher Chinese feed use, and kept world trade near last year's level at 179 MMT.
Lower production in major exporters alongside record use tightens the wheat balance sheet and supports prices. Feed buyers should expect firmer wheat values relative to the recent lows.
uswheat.org2019年2月19日在过去 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%。
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。
