
Rain in the U.S. Northern Plains this week was bookended by hot, windy conditions and did little to ease drought. USDA reported 45% of spring wheat in good to excellent condition on June 13, the lowest for that week on record.
The nearby MGEX HRS wheat futures contract had rallied 8% in two weeks to $6.28 per bushel.
Deteriorating spring wheat conditions tighten supply of high-protein wheat, which lifts HRS futures and widens protein premiums over HRW. Buyers should expect firm wheat prices while drought persists.
在过去 1,072 次看涨的天气事件之后,小麦(SRW) 在 5 个交易日内中位数变动 +0.2%(55% 上涨;中间一半区间为 -1.4% 至 +2.3%),20 个交易日内为 +0.3%。
在过去 322 次看涨的天气事件之后,小麦(HRW) 在 5 个交易日内中位数变动 -0.1%(49% 上涨;中间一半区间为 -2.5% 至 +3.2%),20 个交易日内为 +1.0%。
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。