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ABOUT WHEATS

Wheat markets, with the evidence attached.

Wheats brings together source-dated wheat cash reports, official supply and demand estimates, market references and country-linked news. The terminal separates observed prices, provider assessments and forecasts. The globe and country atlas remain available for geographic context.

Start with an official baseline

Our 2026/27 baseline uses USDA PSD and WASDE data released on Oct 9, 2026. All map volumes are in million metric tonnes. Monthly revisions compare two official releases and are already reflected in the baseline.

Read the current USDA source

News is evidence, not a new crop estimate

Reviewed official releases and reported headlines are labelled separately. Reported signals are assigned countries and themes from their text. This process can miss context or make mistakes; source verification remains essential. Sources are credited, and full articles are not republished.

A transport interruption can reduce export availability without reducing the harvest. Rain can improve yield but delay harvest or damage quality. We do not convert headlines into a precise tonnage loss without a defensible estimate.

Information aggregation and comparison

Pro brings together complete news coverage, original source links, official supply data and historical comparisons. Wheats does not generate bullish or bearish ratings, buy or sell recommendations, price targets or investment strategies.

Supply scenarios use your assumptions: production × affected share × yield change. Probability-weighted effects additionally multiply by your assumed probability. The calculation holds planted area constant and does not model overlapping risks or trade substitution.

A measured publishing rhythm

Briefings are scheduled for 08:00 and 20:00 Europe/Berlin, including daylight-saving adjustments. Publication and source timestamps are displayed separately. Source interruptions can delay an edition; a repeated source is not new evidence.

Coverage & geography

European Union is reported as one region. China combines the separately published China, Taiwan and Hong Kong series. Global totals include all source reporting regions, including those too small to draw. USDA reports the European Union as one supply region. China includes separately reported Taiwan and Hong Kong series; a comparable monthly revision for this combined area is not supplied. Blank map values mean that no source estimate is available, not zero production. Boundaries use Natural Earth geometry.