MacroMicro

Wheat ×

Related ETF
發行地 投資標的 Price 1 Month YTD Expense ratio
Teucrium Wheat Fund $7.35 -1.34% -0.54% 3.64%
iPath Series B Bloomberg Grains Subindex Total Return ETN $66.39 1.16% 0.22% 0.45%
ELEMENTS Linked to the ICE BofAML Commodity Index eXtra Grains Total Return $4.95 6.87% 4.73% 0.75%
#Commodities-Type: Agricultural, Wheat #Commodities-Type: Agricultural, Grains
Related ETF
發行地 投資標的 Price 1 Month YTD Expense ratio
Teucrium Wheat Fund $7.35 -1.34% -0.54% 3.64%
iPath Series B Bloomberg Grains Subindex Total Return ETN $66.39 1.16% 0.22% 0.45%
ELEMENTS Linked to the ICE BofAML Commodity Index eXtra Grains Total Return $4.95 6.87% 4.73% 0.75%
#Commodities-Type: Agricultural, Wheat #Commodities-Type: Agricultural, Grains

Save Global Wheat Supply and Demand

Top 3 wheat-producing countries are EU, China, and India. They combined produce 40% to 50% of global wheat.

Top 3 wheat-consuming countries are also EU, China, and India. Total consumption of these countries accounts for at least 40% of global consumption.

Major wheat-exporting countries are Russia, EU, and the US. These countries in total accounts for over 40% of global wheat export.

Major wheat-importing countries are African countries (mainly Northern Africa and Nigeria), SE Asian countries, and the Middle East. These countries import almost half of global wheat import.

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Latest Stats
  • Global Wheat Supply (R)
    2022
    1,067.42m
  • Global Wheat Demand (R)
    2022
    787.47m
  • Global Wheat Supply (YoY, L)
    2022
    -0.41%
  • Global Wheat Demand (YoY ,L)
    2022
    0.57%
Source
Feedback
Related ETF
發行地 投資標的 Price 1 Month YTD Expense ratio
Teucrium Wheat Fund $7.35 -1.34% -0.54% 3.64%
iPath Series B Bloomberg Grains Subindex Total Return ETN $66.39 1.16% 0.22% 0.45%
ELEMENTS Linked to the ICE BofAML Commodity Index eXtra Grains Total Return $4.95 6.87% 4.73% 0.75%
#Commodities-Type: Agricultural, Wheat #Commodities-Type: Agricultural, Grains

Save Global Wheat Net Demand

Wheat net demand = annual growth of demand - annual growth of supply

Positive net demand means demand outgrows supply and supports price growth. Negative net demand usually leads to price fall.

*USDA releases WASDE report within the 9th to the 12th every month forecasting supply and demand of crops for the year ending in April.
*The report includes revisions for the last two years.

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Latest Stats
  • Global Wheat Net Demand (YoY,L)
    2022
    0.98%
  • Wheat Price (R)
    2022-01-19
    774.75
Source
Feedback
Related ETF
發行地 投資標的 Price 1 Month YTD Expense ratio
Teucrium Wheat Fund $7.35 -1.34% -0.54% 3.64%
iPath Series B Bloomberg Grains Subindex Total Return ETN $66.39 1.16% 0.22% 0.45%
ELEMENTS Linked to the ICE BofAML Commodity Index eXtra Grains Total Return $4.95 6.87% 4.73% 0.75%
#Commodities-Type: Agricultural, Wheat #Commodities-Type: Agricultural, Grains

Save Global Wheat Stocks to Use Ratio

Ending stocks
/ demand
= Stocks-to-use ratio

Stocks/use ratio forecasts the number of years that wheat supply will be sufficient under current demand pattern. "Stocks" refer to the projected ending stocks at the end of April.

When the ratio goes down, wheat price rises. Wheat has long been oversupplied. Although demand improved during 2019/20, S/U remains as high as 35% to 40%.

*USDA releases WASDE report between the 9th to the 12th every month forecasting supply and demand of crops for the year ending on April 30th.
*The report includes revisions for the last two years.

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Latest Stats
  • Global Wheat Stocks to Use Ratio (R)
    2022
    35.55%
  • Wheat Futures Price (L)
    2022-01-19
    774.75
Source
Feedback
Related ETF
發行地 投資標的 Price 1 Month YTD Expense ratio
Teucrium Wheat Fund $7.35 -1.34% -0.54% 3.64%
iPath Series B Bloomberg Grains Subindex Total Return ETN $66.39 1.16% 0.22% 0.45%
ELEMENTS Linked to the ICE BofAML Commodity Index eXtra Grains Total Return $4.95 6.87% 4.73% 0.75%
#Commodities-Type: Agricultural, Wheat #Commodities-Type: Agricultural, Grains

Save Global Wheat Stocks to Use Ratio (Monthly)

USDA releases WASDE report forecasting supply and demand of crops for the year ending in April.

Stocks/Use ratio forecasts the number of years or days that soybean supply will be sufficient under the current demand pattern. The stocks here refer to the projected ending stocks at the end of upcoming April.

When the ratio goes down, wheat price rises.

*USDA releases WASDE report between the 9th to the 12th every month.
*The report includes revisions for the last two years.

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Latest Stats
  • Global Wheat Stocks to Use Ratio (Monthly, L)
    2022-01
    35.55%
  • Wheat Futures Price (R)
    2022-01-19
    774.75
Source
Feedback
Related ETF
發行地 投資標的 Price 1 Month YTD Expense ratio
Teucrium Wheat Fund $7.35 -1.34% -0.54% 3.64%
iPath Series B Bloomberg Grains Subindex Total Return ETN $66.39 1.16% 0.22% 0.45%
ELEMENTS Linked to the ICE BofAML Commodity Index eXtra Grains Total Return $4.95 6.87% 4.73% 0.75%
#Commodities-Type: Agricultural, Wheat #Commodities-Type: Agricultural, Grains

Save Wheat COT Index

Large Non-commercial (speculator) Net Position
- Large Commercial (hedger) Net Position
= Commitment of Traders Index

COT index represents the positioning of large traders, when it heads up, it means they are bullish about the wheat market.

*Updates every Friday ET

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Latest Stats
  • Wheat COT Index (L)
    2022 W02
    25,148.00
  • Wheat Futures Price (R)
    2022-01-19
    774.75
Source
Feedback
Related ETF
發行地 投資標的 Price 1 Month YTD Expense ratio
Teucrium Wheat Fund $7.35 -1.34% -0.54% 3.64%
iPath Series B Bloomberg Grains Subindex Total Return ETN $66.39 1.16% 0.22% 0.45%
ELEMENTS Linked to the ICE BofAML Commodity Index eXtra Grains Total Return $4.95 6.87% 4.73% 0.75%
#Commodities-Type: Agricultural, Wheat #Commodities-Type: Agricultural, Grains

Save Wheat Futures Managed Fund Long-Short Ratio vs. Price

Long positions by managed funds
/ short positions by managed funds
= Ratio of long to short

The long-to-short ratio represents market sentiment to some degree. When the ratio gets bigger, institutional investors are going long on wheat futures. When the ratio reaches an all-time high or low, market sentiment can be overly optimistic or pessimistic, which could bring about a reversal in price.

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Latest Stats
  • Wheat Futures Long-to-Short Ratio (L)
    2022 W02
    0.68
  • CBOT Wheat Futures Price (R)
    2022-01-19
    774.75
Source
Feedback
Related ETF
發行地 投資標的 Price 1 Month YTD Expense ratio
Teucrium Wheat Fund $7.35 -1.34% -0.54% 3.64%
iPath Series B Bloomberg Grains Subindex Total Return ETN $66.39 1.16% 0.22% 0.45%
ELEMENTS Linked to the ICE BofAML Commodity Index eXtra Grains Total Return $4.95 6.87% 4.73% 0.75%
#Commodities-Type: Agricultural, Wheat #Commodities-Type: Agricultural, Grains

Save US Wheat Condition

USDA reports monthly on crop condition beginning May, including crop area and production projection per acre.

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Latest Stats
  • US Wheat Area Planted (L)
    2022-01
    46.70m
  • US Wheat Area Harvested (L)
    2022-01
    37.20m
  • US Wheat Yield per Harvested Acre (R)
    2022-01
    44.30
Source
Feedback

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