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CBOT wheat rose about 1% after a crop tour confirmed heavy yield losses in US spring wheat. Yields in central and northwest North Dakota are well below last year and the five-year average.
The premium paid during the heat and dry spell has faded.
Sharply smaller North Dakota spring wheat yields reduce US supply and support wheat prices, especially in the spring wheat complex.
zmp.de2017年7月27日在过去 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%。
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。
Crop tour confirmed heavy US spring wheat yield losses, a supply shock that lifted CBOT wheat during the window.
A crop tour confirming heavy US spring wheat yield losses (published 27 July) fed the supply-shortfall narrative behind the rally, so it plausibly contributed to the upward move into 31 July.
